The average rate on 30-year fixed home loans registered at 6.50% for the week ending Sept. 4, down from 6.56% last week.

Mortgage rates have dropped steeply in recent days, hitting the lowest levels in nearly a year after a weak jobs report boosted the odds of more or larger Federal Reserve interest rate cuts in the months ahead.

MSCI's global equities gauge was higher on Monday while U.S. Treasury yields declined and the dollar fell on the prospects of lower interest rates and currency trading was active around the world as investors grappled with political uncertainty in countries from Japan and Indonesia to France and Argentina.

Mortgage rates dropped sharply Friday after weaker-than-expected jobs data boosted expectations for the Federal Reserve to lower interest rates this year. The average rate for a 30-year fixe

Jerome Powell has brought down long-term interest rates — but apparently the president hasn’t noticed. - AFP via Federal Reserve Chairman Jerome Powell has been cutting interest rates all year. And President Trump hasn’t even noticed.

The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current average money market rate is 0.

Options traders are jumping into action after Friday's weak jobs report ramped up the likelihood of a September interest-rate cut. More than 5 million options contracts tied to the S&P 500 changed hands Friday,

The dollar extended its decline on Monday in the wake of Friday's weak U.S. jobs report, which all but cemented an interest rate cut this month, even as the yen fell after Japanese Prime Minister Shigeru Ishiba announced his resignation over the weekend.