Personal Resource Center

Interest Rates Heading Down? Here's What It Could Mean

Important disclosure information

This content is general in nature and does not constitute legal, tax, accounting, financial or investment advice. You are encouraged to consult with competent legal, tax, accounting, financial or investment professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.

  1. Federal Reserve Bank of St. Louis, "Federal Funds Effective Rate," updated January 2, 2024, accessed February 7, 2024. Back
  2. Ann Saphir, "Fed rate cuts firmly in view for 2024, even as rate-setters shift," updated December 22, 2023, accessed January 18, 2024. Back
  3. Federal Reserve, “What is the prime rate, and does the Federal Reserve set the prime rate?" updated August 2, 2013, accessed January 9, 2024. Back
  4. Robin Rothstein and Caroline Basile, “Housing Market Predictions for 2024: When Will Home Prices Be Affordable Again?" Forbes Advisor, updated February 14, 2024; accessed February 15, 2024. Back