As is sometimes the case on the day following a Fed day, the bond market carried a bit more momentum in the same direction as yesterday afternoon. Fortunately, the momentum was toward lower rates this time around--a nice break from the past two Fed days which resulted in several days (and weeks) of higher rates.

The Fed is widely expected to deliver a quarter-point cut at its Dec. 9-10 meeting, with futures markets putting the odds near 90% according to Reuters, which would ...

Currently, the average interest rate on a 30-year fixed mortgage is 6.27%, compared to 6.25% a week ago, according to the Mortgage Research Center.  For borrowers who want to pay off their home faster,