DiscoverKSL's Inside SourcesWhat the Fed rate cut means for your wallet
What the Fed rate cut means for your wallet

What the Fed rate cut means for your wallet

Update: 2025-10-30
Share

Description

Utah Governor Spencer Cox is feeling confident about home prices right now in Utah. These feelings come after the Federal Reserve cut interest rates again. But what does this new rate cut mean for your budget and mortgage rates? Bankrate Financial Analyst, Stephen Kates, discusses the numbers and whether they are tempting enough for homeowners to buy in.
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

What the Fed rate cut means for your wallet

What the Fed rate cut means for your wallet