What's the Outlook for Interest Rates in 2025?
The Federal Reserve has projected fewer cuts to its influential interest rate in the new year. Here's what it could mean for ...
The Fed Is Unlikely To Cut Interest Rates In January Due To Inflation
The Federal Reserve cut interest rates by 0.25% on December 18 but an interest rate cut is unlikely when the Fed issues its ...
What The Interest Rate Drop Means For Small Businesses
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...
Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What ...
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
What the Fed’s slower 2025 rate cuts would mean for mortgage rates, savings, auto loans
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed through to auto loans, which fell on average from a peak of 7.3% in July to 6.8 ...
CD, Checking, and Savings Rates Today: Start Earning More Interest
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...