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Rate Cut Rally? Amazon, Meta And Ford Could Outpace The Pack - Bank of America (NYSE:BAC), Amazon.com (NASDAQ:AMZN)
The Federal Reserve's rate cut addresses economic tensions, with mortgage rates dropping below 6.5%, the lowest in nearly a year, aiding home buyers and refinancing opportunities.
- The Federal Reserve cut the federal funds rate by 0.25 percentage points on September 17, 2025, aiming to support the economy and housing market.
- This rate cut followed prolonged high mortgage rates near 7% that had sidelined buyers and created a sluggish housing market for three years.
- Mortgage rates have recently fallen to 6.35%, their lowest in almost a year, which may encourage refinancing for homeowners with loans from the last three years.
- Stephen Kates, a certified financial planner, noted that the rate reduction on Wednesday is unlikely to have a significant impact for the majority of borrowers, and that multiple cuts may be necessary before refinancing becomes beneficial.
- The rate cut could gradually ease budget pressures and may boost housing activity and selected stocks like Meta, Ford, and Amazon as borrowing costs decline.
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The Fed Cut Rates. Will It Help the Housing Market?
The Federal Reserve voted Sept. 17 to cut the federal funds rate by one quarter of a percentage point. It was a move long anticipated by financial markets, and also by regular folks watching the housing market: Potential home buyers…
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Total News Sources54
Leaning Left6Leaning Right9Center15Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 20%
C 50%
R 30%
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