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The Fed just cut rates to their lowest point since 2022. Here's what that could mean for mortgage rates

The Federal Reserve delivered big financial news this week, announcing yet another interest rate cut — its third in just four months. With this latest rate cut, the Fed has sliced another 25 basis ...
CNBC

China leaves benchmark lending rates unchanged as expected, despite Fed rate cut

The People's Bank of China kept the one-year loan prime rate, which influences most new and outstanding loans, unchanged at 3.0%. The five-year benchmark rate, which affects mortgages, remained at 3.5 ...