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A rip current statement in effect for Nassau, Coastal, Inland Region

INTEREST RATES

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The Federal Reserve cut interest rates by a half point. But how does this impact you?

Read full article: The Federal Reserve cut interest rates by a half point. But how does this impact you?

It’s the first time in four years that the Federal Reserve has made a move to cut interest rates.

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After mortgage rates hit 15-month low, experts say don’t expect them to fall again any time soon

Read full article: After mortgage rates hit 15-month low, experts say don’t expect them to fall again any time soon

Mortgage rates hit a 15-month low this week, according to Freddie Mac, with the average rate for a 30-year fixed-rate mortgage dropping to 6.47%.