Not all interest rates work the same. Your choice among these two main types come down to how you save and how you borrow. Here's what to know about fixed and variable rates.

Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting ...

To get a better grasp of how mortgage rates fluctuate and where they might be going, it can be useful to decode some basic economic principles. Here’s a basic guide.

Today is a different story. We’re going back to people thinking interest rates are incredibly high. Historically, though, they’re still really low — just not as low as they were 10 to 15 ...

Interest rates affect many of Americans' financial moves, ... I Asked ChatGPT To Explain How Interest Rates Work Like I’m 12 — Here’s What It Said May 06, 2025 — 01:00 pm EDT.

The interest rate environment, of course, also plays a big role in this, too. Time Your Purchase: If the economy is hot and rates are strong, consider waiting until the buying environment cools down.

No one really knows how interest rates work, or even whether they work at all—not the experts who study them, the investors who track them, or the officials who set them.

For context, loans originated for the 2023-24 academic year have fixed interest rates of 5.5% for Direct Undergraduate loans, 7.05% for Direct Graduate loans, and 8.05% for PLUS Loans.