The Fed's Massive Rate Cut Has a Huge Silver Lining for Savers Who Missed Out on 5% CDs
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average 30-year mortgage rate is 6.09%, according to Freddie Mac. And there's a good chance you'll be able to lock in a mortgage rate at under 6% before the end of the year, assuming you have good credit.
The Mortgage Bankers Association currently predicts the average 30-year rate to finish out 2024 at 6.5% and 2025 at 5.9%, ...
A single percentage point can affect the interest you pay, monthly payments and refinancing. Here's how much it can matter ...
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than ...
Most Rhode Islanders will see their monthly electric bills go up nearly 23 percent, but they'll get a little help with a ...
As the Federal Reserve starts to cut rates, what’s happening to interest rates on certificates of deposit (CDs)? After steady ...
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