Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Markets are underestimating how much the Federal Reserve is going to cut interest rates next year, Goldman Sachs predicted.
That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range ...
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Wednesday, but overall, refinance rates were essentially flat. Jumbo refinance loans were among those seeing a modest decline ...
The rate of inflation has been slowing, so the Fed doesn't need to keep its federal funds rate as elevated. Raising ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
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Traders in the federal-funds futures market think there is a growing chance of a pause in the Federal Reserve's rate-cutting cycle next month. This morning, federal-funds futures markets ...