Interest rates

Fed Cuts Interest Rates in Response to Coronavirus

In a statement, the Federal Reserve said the disease poses “evolving risks to economic activity” just a month after Jerome Powell said he didn’t feel there was a need for further reductions. The post Fed Cuts Interest Rates in Response to Coronavirus appeared first on DSNews.

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The Interest Rate-Driven Housing Rebound

Housing is the single largest contributor to the U.S. economy, and as interest rates have been cut, mortgage rates have bounced back. The post The Interest Rate-Driven Housing Rebound appeared first on theMReport.com.

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Strong Affordability Bodes Well for 2019

A new report found that falling interest rates have brought payment-to-income ratios to its lowest point in nearly two years as affordability hit historic levels. The post Strong Affordability Bodes Well for 2019 appeared first on DSNews.

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