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.
The annual income buyers need to afford a house fell for the first time since 2020, driven by the first annual decline in mortgage rates in three years.
August home sales in Chicago hit their lowest levels since 2011, but interest rate cuts bring hope the housing market will ...
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...
The data, from real estate firm Redfin, found that falling mortgage interest rates have lowered the annual income needed to ...
South Koreans expect the housing market to keep getting hotter, according to a central bank survey that’s likely to keep ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year ...
With so many factors driving mortgage interest rates, it's worth monitoring each day. But the following three dates could be ...
The fed funds rate is the interest rate banks charge each other for overnight loans. The Federal Reserve adjusts this rate to ...
The Federal Reserve is far from the only game in town when it comes to exerting influence on interest rates.  That's a loaded ...