Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
“Either way, it does seem likely, at least in the short term, that mortgage rates are going to go higher.” The Fed's quarter-point cut was widely expected by economists. Mortgage rates ...
That would reflect a full percentage point cut from its pre-September level, when the federal funds rate was at its ...
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds ...