The Fed Cut Rates Again—Here's What It Means for Your Money

The Fed just made their third rate cut in four months—but not all borrowing costs are coming down. In this update, I break down what lower rates mean for small business loans, auto financing, and home equity lines, and why mortgage rates remain stubbornly high despite the Fed's moves. I also look at whether it still makes sense to invest with the market near all-time highs, using historical data that might surprise you. Plus, we compare the long-term performance of stocks versus real estate, examine why housing affordability has become such a challenge, and run through the latest economic data on consumer spending, layoffs, and GDP growth. If you're wondering where things stand heading into the new year, this one's for you.