The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...

Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...

People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...

At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.

In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.

Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...

Potential homebuyers and sellers have been holding off on making a move amid elevated mortgage rates and sky-high prices. But ...

On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...