Lower interest rates help financial markets in two big ways.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
Mortgages interest rates have fallen into the low 6% range this summer, and some experts say more declines probably are ...