The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday and could deliver relief for borrowers.  What will it mean for you?

The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday and could deliver relief for borrowers. What will it mean for you?

RON INSANA- CNBC CONTRIBUTOR & HOST OF THE MARKET SCOREBOARD REPORT ON WOR

Len Berman & Michael Riedel in the morning, weekdays from 6-10 on 710 WOR.

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Len Berman &amp; Michael Riedel in the morning, weekdays from 6-10 on 710 WOR.

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RON INSANA- CNBC CONTRIBUTOR & HOST OF THE MARKET SCOREBOARD REPORT ON WOR

RON INSANA- CNBC CONTRIBUTOR & HOST OF THE MARKET SCOREBOARD REPORT ON WOR