As rates fall after the Fed's September meeting, experts say it's a good time to look at large, financed purchases and refinancing debts.

And that news came after mortgage rates plunged on Wednesday to 6.15%, the lowest point they've been at in two years, or since September 2022. But as this week's rate cut reverberates across the market and as lenders start processing this new reality (additional Fed cuts look possible for November and December),

Prospective home buyers who were waiting until after the Federal Reserve’s meeting in the hopes of lower mortgage rates might be disappointed—at least in the immediate aftermath. Mortgage rates actually inched higher yesterday,

These are today's mortgage and refinance rates. Mortgage rates are up a bit thanks to positive economic data, but they remain below last month's levels.