The Fed's upcoming meeting could have implications for homebuyers, since mortgage rates are expected to drop as the central bank lowers rates.

If you plan to buy a home soon, you may want to compare how the upcoming rate cuts could impact your monthly costs.

Shop aggressively, because rates can vary significantly among lenders. In short, your mortgage rate won’t necessarily go down with a Fed rate cut. But if you play your cards right, it might go down without one.

U.S. mortgage rates fell this week as the Federal Reserve is anticipated to cut interest rates. Despite the drop, housing market gains are limited due to high home prices and supply shortages. The 30-year fixed-rate mortgage decreased to 6.

NerdWallet writers spell out what a cut in the Federal Funds Rate might mean for mortgages, credit cards, savings accounts and more.

U.S. wholesale prices showed a mild increase in August and reinforced the idea the rate of inflation is returning to low prepandemic levels.

Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.

Key Takeaways Wholesale prices grew at a monthly rate of 0.2% in August, while the annual rate of 1.7% was better than the prior month.Economists said the wholesale pricing data should keep the Federal Reserve on schedule to reduce interest rates at its upcoming September meeting.