Don’t expect mortgage rates to fall after the Fed’s interest-rate cuts. But here’s one move borrowers can make right now.

Mortgage rates aren’t likely to drop after the coming Federal Reserve meeting, when the central bank is expected to cut interest rates, economists say. Read More

Dow soars 800 points and hits record high as Powell hints at rate cut

Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell signaled interest rate cuts could be on the way. The Dow rose 846 points, or 1.89 ... Read More

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September. By Colby Smith ... Read More

Fed's Powell hints at possible September rate cut in his biggest speech of the year

Jerome Powell's Jackson Hole speech hinted at a possible change in Fed monetary policy. Powell's remarks highlight the Fed's challenge balancing inflation and labor market stability. Trump is ... Read More