What the Fed Rate Cut Means for Consumers

Is now a good time to refinance my house? It certainly could be. Thirty-year fixed-rate mortgages have been dropping since Christmas. The average is now 5.5 percent, quite low by historical standards. So if you have an adjustable rate mortgage that's going to reset, now could be an excellent to time to swap into a fixed-rate loan. --- Is Liquidating Your Portfolio the Answer?