Fed’s Third Rate Cut Leaves Mortgage Rates Little Changed
A quarter-point cut may slightly lower credit-card costs, but 6.22% mortgages hinge on long-term yields.
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
A quarter-point cut may slightly lower credit-card costs, but 6.22% mortgages hinge on long-term yields.
Markets weigh a third Fed cut, Hawaii’s tourism-led downturn, China’s export-demand pivot, and prediction-market scrutiny.
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