Will borrowers see lower rates? What the Fed's interest rate cut means for you

Mortgage rates have been largely unchanged.

Powell sees inflation rate peaking soon. Here’s his target date.

Fed chief Jerome Powell said the rate of U.S. inflation should peak in the first three months of 2026 and then start to slow again. Barring, that is, additional U.S. tariffs, Powell said. The previous tariffs contributed to a rise in inflation this year,

Fed cuts rates for third time, but affordability concerns still rise

Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help?
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