Tricky Day... Mortgage Rates Fall Significantly, But Not Because of The Fed

There's a distinct risk that, even in the financial community, that people will look back on today's drop in interest rates and conclude it must have something to do with the Federal Reserve's latest policy announcement.  After all the Fed did cut its policy rate by 0.25% today, and the Fed was

Fed Cuts Key Interest Rate a Quarter-Point

The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.

Mortgage Rates Rise for Sixth Straight Week

Average rates on 30-year mortgages ticked up to 6.79% from 6.72% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6% from 5.99% last week.

Aging-In-Place Tech Making Staying Home Easier

Older adults who want to age in place have new technology that makes it easier, including smart home and medical management systems.