Ask the Dolans: When do the Fed's cuts start to reflect in mortgage rates?

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Dear Ken and Daria,

With all the interest rate cuts the Fed has made, why does it take so long for them to reflect in refinancing a mortgage?

-John

Mortgage rates aren't the only thing impacted by rate cuts. Learn five critical ways fed interest rate cuts impact your wallet.

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