News

Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood pat on Wednesday.
One of the biggest lessons I’ve learned is that timing matters. When rates are low, it’s time to think aggressively—refinance ...
When the Fed raises rates, mortgage lenders follow suit to maintain their margins. This domino effect means new home loans cost more, and adjustable-rate mortgages reset higher.
President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more ...
This article will explore how much does 1 percent interest rate affect mortgage payment and provide insights into the various ways these changes can influence your financial situation.
Rates on 30-year fixed-rate mortgages averaged 6.74% the week of March 14, 2023, according to Freddie Mac. The mark represents a 1.29% drop from the rate's 23-year high of 8.03% in October 2023 ...
Published on July 12, 2024. Updated October 7, 2024 4 min. read ...
On the investment side, the news is more nuanced. Interest rates on “high-yield” savings and money market accounts should come down, making those investments less lucrative.