The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...