A light at the end of the tunnel for mortgage rates?

Published: Aug. 1, 2024, 3:04 p.m.

Federal Reserve Chairman Jerome Powell has set the stage for the central bank’s first rate cut in four years \u2014 but we’ll still likely have to wait a few weeks. Anticipation of a rate cut has already had ripple effects across markets, including for mortgage rates. Then, there\u2019s a shortage of poll workers. What’s being done to boost hiring? Plus, the Biden administration takes another crack at student loan relief.