For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in ...

The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...

Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.

Today's best savings accounts are paying near record rates, and the highest APYs of all are offered to kids. See how they can earn as much as 10% on their cash in the bank.

A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield ...

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

While you might not be able to withstand inflation's impacts directly, there are ways to cushion your money to reduce its ...

The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...

Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates ...

The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.