Now that the Fed has cut interest rates, the big question is, what does it mean for Middle Tennessee homeowners and builders? And, will rates come down enough to refinance?
After months of speculation, the Federal Reserve cut interest rates last week. Federal Reserve Chair Jerome Powell also announced there are plans for more cuts later this year, and into next year.
After months of speculation, the Federal Reserve cut interest rates last week. Federal Reserve Chair Jerome Powell also announced there are plans for more cuts later this year, and into next year.
Consumers most often mentioned high prices and inflation as factors influencing their view of the economy, The Conference ...
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...
Buyers and sellers are convinced the market is reaching a bottom. But the big question remains: At what price will ...
According to the Conference Board, the decline seen in September was the largest month-to-month decrease since August 2021.
"Running a too-low real funds rate, which this Fed is apt to do, consequently risks a much higher inflation outcome," ...
Stock indexes continued to climb after a record close on Monday, as investors tuned in to new commentary from Fed officials.
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.
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The fed funds rate is the interest rate banks charge each other for overnight loans. The Federal Reserve adjusts this rate to ...