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Rates on a 15-year mortgage stand at an average 5.53% for purchase and 5.60% for refinance, down 25 basis points from 5.78% for purchase and 22 basis points from 5.82% for refinance this time last ...
The Fed’s current target rate is between 5.25% and 5.5%. That is the rate banks charge one another for overnight lending. The banks and other lenders then loan funds to consumers at higher rates ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
Official website. Signature. Henry Ross Perot Sr. (/ pəˈroʊ / ⓘ pə-ROH; June 27, 1930 – July 9, 2019) was an American businessman, politician and philanthropist. He was the founder and chief executive officer of Electronic Data Systems and Perot Systems. He ran an independent campaign in the 1992 U.S. presidential election and a third ...
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