How does the Fed's rate cut affect home prices?
The Federal Reserve's 50 basis point rate cut has potential homebuyers and sellers wondering what affect it will have on the housing market. It's the Fed's first rate cut since March 2020 and it lowers the benchmark federal funds rate to a range of 4.75% to 5%. Real estate experts expect the rate cut will bring more buyers and sellers to market, potentially increasing the inventory and creating momentum for price competition. LiveNOW's Carel Lajara spoke about the housing market with real estate expert Kirsten Jordan.
The Federal Reserve's 50 basis point rate cut has potential homebuyers and sellers wondering what affect it will have on the housing market. It's the Fed's first rate cut since March 2020 and it lowers the benchmark federal funds rate to a range of 4.75% to 5%. Real estate experts expect the rate cut will bring more buyers and sellers to market, potentially increasing the inventory and creating momentum for price competition. LiveNOW's Carel Lajara spoke about the housing market with real estate expert Kirsten Jordan.
You can now get verified on Uber; here's why
Ride-booking company Uber announced it will now allow riders to get verified in response to driver feedback.
Ride-booking company Uber announced it will now allow riders to get verified in response to driver feedback.
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Fed cuts interest rates by half-point
Economist Mike Walden joins LiveNOW's Austin Westfall to break down what the latest interest rate cut by the Federal Reserve means.
Economist Mike Walden joins LiveNOW's Austin Westfall to break down what the latest interest rate cut by the Federal Reserve means.
Popeyes, KFC join growing number of restaurants offering $5 meal deals
The chicken joints join McDonald's in offering a $5 value meal.
The chicken joints join McDonald's in offering a $5 value meal.
Analysis: Interest rates cut for the first time in 4 years.
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. LiveNOW from FOX host Stephanie Coueignoux spoke to Barron's Stocks writer, Jacon Sonenshine on the latest.
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. LiveNOW from FOX host Stephanie Coueignoux spoke to Barron's Stocks writer, Jacon Sonenshine on the latest.
Federal Reserve cuts key interest rates by half-point
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. Federal Reserve Chair Jerome Powell held a press conference where he explained the decision for the big rate cut.
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market. Federal Reserve Chair Jerome Powell held a press conference where he explained the decision for the big rate cut.
Federal Reserve slashes key rate by half-point, signals end of inflation battle
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
Children's musician Raffi is selling his Canadian island home: Photos
Raffi is selling his Canadian island home with expansive ocean and mountain views for nearly $2 million.
Raffi is selling his Canadian island home with expansive ocean and mountain views for nearly $2 million.
Volkswagen recalls vehicles for doors opening unexpectedly while driving
Volkswagen is recalling nearly 99,000 electric crossover SUVs because the doors could open unexpectedly.
Volkswagen is recalling nearly 99,000 electric crossover SUVs because the doors could open unexpectedly.
Kratom drink 'New Brew' banned in some states; here's why
The kratom-infused "New Brew" drink is gaining attention for its use of the controversial herb, banned in several U.S. states. Learn more about where it's banned and why.
The kratom-infused "New Brew" drink is gaining attention for its use of the controversial herb, banned in several U.S. states. Learn more about where it's banned and why.
Target holiday hiring: Retailer looking to fill 100,000 seasonal jobs
The retail giant is getting an early start on hiring for the holidays and here is how you can apply.
The retail giant is getting an early start on hiring for the holidays and here is how you can apply.
FDA to propose new food label warnings to combat obesity
The FDA is considering food labels to help consumers identify products with unhealthy ingredients, but some experts wonder if this is enough to help in the fight of high obesity rates in the U.S.
The FDA is considering food labels to help consumers identify products with unhealthy ingredients, but some experts wonder if this is enough to help in the fight of high obesity rates in the U.S.
How to stay safe and avoid cyber attacks
Cyber security is a hot topic and many are concerned about cyber safety. LiveNOW from FOX host Christy Matino spoke to Kyle Hanslovan, ex-NSA hacker and CEO of global leading cybersecurity on the latest. The pair also discussed social media safety, identity theft and how to spot phishing scams.
Cyber security is a hot topic and many are concerned about cyber safety. LiveNOW from FOX host Christy Matino spoke to Kyle Hanslovan, ex-NSA hacker and CEO of global leading cybersecurity on the latest. The pair also discussed social media safety, identity theft and how to spot phishing scams.
National Cheeseburger Day 2024: Where to find the best deals
Discover the best National Cheeseburger Day deals from McDonald’s, Burger King, Wendy’s, and more.
Discover the best National Cheeseburger Day deals from McDonald’s, Burger King, Wendy’s, and more.
Lyft unveils feature to help riders avoid surge pricing
Lyft says driver earnings won't be affected by the launch of the feature.
Lyft says driver earnings won't be affected by the launch of the feature.
Here's how much Americans expect to pay for a used car, and how much it will actually cost
Buying a car is a big financial commitment and a recent survey finds that consumers in the market for a new vehicle are only willing to purchase one under these circumstances.
Buying a car is a big financial commitment and a recent survey finds that consumers in the market for a new vehicle are only willing to purchase one under these circumstances.
Home Depot to pay nearly $2M penalty for allegedly overcharging customers
Home Depot is required to implement a price accuracy program.
Home Depot is required to implement a price accuracy program.
Target’s car seat trade-in is back: How to get your coupon
Target’s car seat trade-in event has already recycled millions of pounds of materials. Here’s how to participate and what you’ll get.
Target’s car seat trade-in event has already recycled millions of pounds of materials. Here’s how to participate and what you’ll get.
Spa pumps recalled after fires, fatality linked to product overheating
The U.S. Consumer Product Safety Commission and Bestway are recalling over 866,000 AirJet and HydroJet Spa Pumps due to overheating risks that could ignite the plastic housing and cause fires.
The U.S. Consumer Product Safety Commission and Bestway are recalling over 866,000 AirJet and HydroJet Spa Pumps due to overheating risks that could ignite the plastic housing and cause fires.