What are the benefits of interest rate cuts

Interest rate cuts can breathe new life into an economy, making borrowing cheaper for consumers and businesses alike. This stimulates spending and investment, potentially leading to job creation and economic growth, while easing financial burdens on households.

What happens if the Fed cuts rates

When the Fed cuts rates, it sends ripples through the economy. Borrowing becomes cheaper, potentially spurring consumer spending and business investment. However, it may also signal underlying economic concerns, prompting caution among investors.

Do mortgage rates follow interest rates

Mortgage rates often mirror interest rate trends, but they’re not identical twins. Influenced by economic factors, lender policies, and market demand, mortgage rates dance to their own rhythm, sometimes in sync, sometimes not.