What does the Fed interest rate cut mean for mortgages and homebuyers?

(NEW YORK) -- The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal of relief for borrowers.Few areas of the economy welcomed the news more than the nation’s sluggish...

Harris to propose up to $25K in down-payment support for 1st-time homebuyers

(RALEIGH, N.C.) -- When Vice President Kamala Harris unveils her economic policy proposals in Raleigh, North Carolina, on Friday, it will include a proposal to provide up to $25,000 in down payment support for first-time homebuyers, according to a campaign official.The campaign is vowing...