“The Fed should cut rates at the upcoming meeting,” he says. “A measured reduction would acknowledge the progress made on inflation and prevent unnecessary drag on the economy.” Waiting, he argues, ...
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Here’s what the interest-rate cut means for borrowers on everything from credit cards to mortgages
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
Homebuyers and owners hoping to refinance may have become so accustomed to higher mortgage rates in recent years that they stopped looking for affordable opportunities. However, that may be a mistake ...
Learn about initial interest rates on adjustable-rate loans, how they work, and their benefits. Find out why they're lower ...
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