An interest rate cut issued in September was widely anticipated by a wide range of Americans, but arguably most strongly by current homeowners. This group, specifically those who purchased a home after 2022, has largely suffered under the burden of ...

Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back record-low mortgage rates. Mortgage rates have been prohibitively high for some prospective homebuyers who gawk at their estimated ...

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice ...

Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for better financial decisions.