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U.S. Home Sales Surprise Fall in August
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.
US Home Sales Fell in August Despite Easing Mortgage Rates, More Homes on the Market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors
Fed’s historic rate cut and how it affects you
US Fed cuts interest rate by 50 basis points, more to come
The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported. This is down from a two-decade high of 5.3 per cent, where it had stood for 14 months, as it struggled to curb the worst inflation streak in four decades.
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased
US Fed Interest Rate Cut Might Trigger ‘Sell-the-news’ Event
The United States Federal Reserve is likely to slash interest rates this month, an event top analysts are calling a Sell-The-News event.
12d
on MSN
Prediction: Here's What the Average Credit Card Interest Rate Will Be in 2025
The average credit card interest rate is almost certain to go down next year. But will it give consumers any relief? Find out ...
Greek Reporter
13d
US Jobs Growth Stagnation Paves the Way for Interest Rate Cuts
The lack of US jobs growth is paving the way for the first Federal Reserve interest rate cut of the year it seems.
CNN on MSN
2d
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
The Federal Reserve slashed
interest
rates aggressively Wednesday ... “Democracies around the world, countries that are ...
2d
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis ...
omanobserver
2d
Oil prices increase after a large interest rate cute from United States
BEIJING: Oil prices rose on Thursday after a large interest rate cut from the US Federal Reserve, but Brent was still ...
NewsNation on MSN
5d
How do mortgage interest rates work?
A mortgage rate is how much interest a buyer pays to take out a loan when they purchase a property. It’s essentially the cost of taking out a loan. A buyer will owe this interest annually as a ...
21h
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
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