How far will mortgage interest rates drop this week?
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.
Watch CBS News
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.
High interest rates on long-term CDs could be coming to an end this week. Here's why savers should act now.
With the number of homes priced at $1 million or higher growing in the U.S., buyers should calculate these costs now.
The mortgage rates buyers see online may not be as beneficial as they seem. Here's what to look for, specifically.
The Federal Reserve is set to issue its first rate cut since 2020 this week. Here's what it means for mortgage rates.
Will interest rate cuts lead to lower home equity loan costs? Here's what borrowers should understand now.
The Federal Reserve is set to issue its first rate cut since 2020. Should homebuyers lock in a mortgage rate then?
Gold can still be valuable even with inflation cooling. Here's what gold investors should keep in mind now.
Mortgage interest rate cuts could soon make a $700,000 mortgage loan more affordable. Here's what to know.
As inflation continues to fall, the benefits of these three savings accounts could soon fade. Here's what to do now.
Home equity loans and HELOCs will be cheaper once rates are cut. Here's what borrowers should consider before then.
Considering a personal loan to help pay for some extra expenses? Here's how to get one now.
Mortgage interest rates could soon be cut. Here are three critical mistakes to avoid once that happens.
Considering a gold investment this month? Here are the critical pros and cons to understand before taking action.
A $450,000 mortgage will become cheaper for homebuyers when rates are cut. Here's how much they could save.