How the Fed's rate cut impacts mortgage rates
LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year, reflecting growing concern over the U. S. job market. Here's a look at factors that determine mortgage rates and what the Fed's latest move means for the housing market:How rate cuts affect mortgage rates have...
Read MoreThu, 18 Sep 2025
- How the Fed's rate cut impacts mortgage rates
- US jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier
- Bank of England voices inflation concerns as it holds main UK interest rate at 4%
- George Soros' philanthropy reaches for new ideas as it grapples with the limits of its power
- Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs
- Wall Street poised to open at record levels following the Fed's first rate cut of 2025
- UK police make arrests for spying as Lithuanian prosecutors target Russia-linked arson network
- American Express Platinum Card gets pricier and adds new perks, including a $400 dining credit
- How Huawei plans to outperform global tech leaders with less powerful chips
- Federal Reserve shows unexpected unity, independence as it weathers Trump's attacks
- Australia targets at least 62% emissions cut in the next decade
- Canada's Carney heads to Mexico to discuss trade before a review of their US trade deal
- When self-doubt creeps in at work, pause and reframe your negative thoughts. Here's how
Wed, 17 Sep 2025
- Cracker Barrel expects weaker sales and restaurant traffic after logo controversy
- Starbucks workers sue over company's new dress code
- Waymo's robotaxi expansion will get a Lyft in Nashville next year
- Amazon spends $1 billion to increase pay and lower health care costs for US workers
- Ticket marketplace StubHub slips on the public stage in its trading debut on Wall Street
- Federal Reserve cuts key rate for first time this year
- US stocks churn amid uncertainty about how many more rate cuts are coming from the Fed
- UNHCR official warns that the 1951 refugee convention is increasingly under threat
- Broadway opposition brings the curtain down on a planned Times Square casino backed by Jay-Z
- Ukraine expects $3.5 billion fund for US weapons to sustain fight against Russia, Zelenskyy says
- Engine trouble forces Northrop Grumman to delay supply delivery to International Space Station
- Nvidia CEO Huang says he's disappointed by China chip curbs
- Jerry quits Ben Jerry's, saying its independence on social issues has been stifled
- Meta expected to unveil new smart glasses at Connect event
- Japan's exports to the US continue to fall, hit by Trump's tariffs
Tue, 16 Sep 2025
- Parents of teens who died by suicide after AI chatbot interactions testify to Congress
- Wall Street edges back from its record heights
- Fed convenes meeting with a governor newly appointed by Trump and another he wants to oust
- FDA takes aim at Hims Hers, weight loss drugs in new advertising blitz
- Tesla under investigation after parents say faulty door handles trapped their kids in the back
- US sanctions Iranian financiers, others over $100M in cryptocurrency transfers from Iran oil sales
- Spain sweltered under hottest summer on record
- Zelenskyy calls for a European air defense system as Russian strike wounds 20 in Ukrainian city
- Denmark leads an exercise in Greenland, with Russia in mind at a time of tensions with the US
- Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
- Many sports fans are unhappy with how much it costs to watch their games, an AP-NORC poll finds
- It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plant
- The surprising truth about dividend growth stocks
- US and China reach a framework deal for the ownership of TikTok
- Democrats plan to force Senate vote on Trump's tariffs on Canada and Brazil
Mon, 15 Sep 2025
- The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
- Appeals court rejects Trump's bid to unseat Federal Reserve governor Lisa Cook ahead of rate vote
- Senate approves White House economist Stephen Miran to serve on Federal Reserve board
- Shipping companies support a first-ever global fee on greenhouse gases, opposed by Trump officials
- Wall Street rises to more records as Tesla vrooms higher
- The Boys Girls Clubs of America are still benefiting from Nate Bargatze's controversial Emmys bit
- Abortion advocates raise alarm about social platforms removing posts in apparent overreach
- McDonald's plans $200 million investment to promote regenerative practices on US cattle ranches
- Nvidia violated antimonopoly laws, China says
- Trump says the US should do away with quarterly earnings reports
- Tesla's stock is rising as Elon Musk buys more than 2.5M shares worth about $1B
- Ford is moving its world headquarters for the first time in 7 decades to a new campus 3 miles away
- California Democrat turns to TikTok to reach Hispanic voters in governor's race
- Australian bank ANZ agrees to pay record $160M penalty for corporate misconduct
- 'Demon Slayer: Infinity Castle' opens to $70M, biggest anime debut to claim top box-office spot
Sun, 14 Sep 2025
- Workers commenting on Kirk's death learn the limits of free speech in and out of their jobs
- Trump administration renews push to fire Fed governor Lisa Cook ahead of key vote
- Qatar denounces Israel before major summit on Israel's attack in Doha targeting Hamas leaders
- Ukrainian drones strike one of Russia's top oil refineries, sparking fire
- China launches probes targeting US semiconductors ahead of Madrid trade talks
Sat, 13 Sep 2025
- Fed governor Cook asks appeals court to reject White House's bid to remove her from Fed board
- FAA seeks $3.1 million in fines from Boeing over safety violations, 2024 midair panel blowout
- US electric grids under pressure from energy-hungry data centers are changing strategy
Fri, 12 Sep 2025
- Fed Governor Lisa Cook claimed 2nd residence as 'vacation home,' undercutting Trump fraud claims
- The EPA wants to end a requirement that large polluters report their greenhouse gas emissions
- Unemployment, inflation and GDP growth will be worse this year than projected, budget office says
- Wall Street coasts to the finish of its best week in the last 5
- Widespread availability of graphic Charlie Kirk shooting video shows content moderation challenges
- Boeing workers reject their latest contract offer, extending strike at three Midwest plants
- OpenAI reaches new agreement with Microsoft to change its corporate structure
- Bessent will meet Chinese officials in Spain for trade and TikTok talks
- Microsoft resolves European Union probe into Teams
- The late Italian fashion designer Giorgio Armani instructs heirs to sell stakes in his empire
- With Hyundai raid, Trump's immigration crackdown runs into his push for foreign investment
Thu, 11 Sep 2025
- Wall Street rallies as a cut to interest rates next week looks more certain
- Trump administration requests emergency ruling to remove Cook from Fed board
- Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot
- FTC launces inquiry into AI chatbots acting as companions and their effects on children
- Court rules Europe can call nuclear and natural gas sustainable investments for its green transition
- South Korean workers detained in immigration raid leave Atlanta and head home
----------
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright © 1996 - 2025 CoreComm Internet Services, Inc. All Rights Reserved. | View our Privacy Policy
CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.