Tag: Mortgages
The Federal Reserve just cut interest rates by a half point. Here's what that means for your wallet
People shop at a grocery store on August 14, 2024 in New York City. Spencer Platt | Getty ImagesThe Federal Reserve announced Wednesday it...
The Fed is poised for its first rate cut in years, but it may be too soon to refinance your mortgage
Andresr | E+ | Getty ImagesThe Federal Reserve is poised to make its first interest rate cut in years on Wednesday. But homeowners...
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
A home with a "Sold" sign from a real estate company in North Patchogue, New York.Steve Pfost | Newsday | Getty ImagesMortgage rates...
Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's why
Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is...
Homeowners may be 'overconfident in their retirement readiness,' economist says. Here's why
Rgstudio | E+ | Getty ImagesOwning a home makes some people feel more confident about their prospects for retirement — but that may...
Americans have more than $32 trillion in home equity — a record high. Here's what to know before you tap it
Thanks to the run up in housing prices, homeowners now have more than $32 trillion in home equity as of the first quarter...