When the interest-rate cut will hit your mortgage, car loan, credit-card bills and savings accounts
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a while
Trump Says Fed's Rate Cut Was 'Political Move'
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by half of a percentage point was "a political move." "It really is a political move.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does the cut indicate a problem with the economy?
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
How the Fed rate cut is playing in Florida
The Federal Reserve on Wednesday moved forward with an aggressive rate cut that’s already recalibrating how Florida politicians talk about the economy. The decision, issued 48 days before the election,
I wonder if the Fed rate cut was politically motivated: Jason Trennert
Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria Bartiromo's Wall Street.'
The Fed rate cut affects the US dollar. Should international travelers worry?
Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a
Hoodline3h
Chicago Loan Originator Convicted of $2.6 Million Mortgage Fraud Scheme
A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...
HousingWire1d
Loan quality takes a hit even as mortgage origination volume slows
The critical defect rate for mortgages increased modestly in Q1 2024 and a quality-control company says that lender vigilance ...
CNN2d
The best mortgage refinancing lenders in June 2024 to optimize your home loan
Swapping your current home loan for another can offer several benefits ... 18 cut of its benchmark rate means mortgage rates are now likely to dip as well (more on that later).
FHA loan requirements for 2024
To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...
Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Mortgage rates are influenced by several factors, including how the bond market reacts to the Federal Reserve’s interest rate ...
Mortgage broker myths debunked: How securing a loan has become 'faster, cheaper and easier'
UWM chief security officer Alex Elezaj, Guardian Core Mortgage broker owner Lauren DuVall and Left Coast Lenders broker owner ...
Navigating the mortgage loan process when relocating
If you’re thinking about relocating to Las Vegas for a new job — or even if you’re working remotely and just want a change of ...
PNC Bank Accused of Denying Overtime to Mortgage Loan Officers
PNC Bank was hit with a proposed class action alleging that over 500 mortgage loan officers nationwide were misclassified as ...
CUInsight3d
Centra Credit Union names Lynne Coverdale as new mortgage loan consultant
Lynne Coverdale has joined Centra Credit Union’s team of experienced mortgage loan consultants. Coverdale has worked in the ...
ABC News7d
Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Still, there’s more to consider than the mortgage rate. It can cost thousands of dollars to refinance, and not all the fees can always be rolled into the new loan. Breaking even on the costs of ...
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.