In a widely anticipated move earlier this week, the Federal Reserve has cut its overnight lending rate by 0.5%. This decision ...

Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...

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

These are today's mortgage and refinance rates. Mortgage rates dropped a lot ahead of September's Fed cut. But it's unclear ...

Lower interest rates mean cheaper monthly payments, but they also entail more competition. Here's what experts in central ...

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

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.