The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...

With the Federal Reserve cutting interest rates a half point on Wednesday, will better mortgage rates follow and make the ...

Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

The average rate on a 30-year mortgage in the U.S. edged closer to 6 percent this week to its lowest level since early ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...

LOS ANGELES -- Sales of previously owned U.S. homes fell in August to the slowest annual pace in nearly a year even as ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

A host of economists I surveyed offered modest expectations after central bankers cut their benchmark interest rates for the ...

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.

Home buyers, sellers and realtors are celebrating on the heels of the Federal Reserve’s decision Wednesday to lower the lending rate a full half-point.