Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...
The latest Fed rate cut lowers interest rates by 100 basis points, compared to 50 basis points from the March 4 rate cut. This will likely cause a 1% decrease in interest rates on many ...
Lower mortgage rates are good for housing affordability, but the reason behind the recent dip — a weakening economic outlook ...
A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...
Learn about the latest trends in mortgage rates, current market conditions, and predictions for future shifts. Will mortgage rates drop in 2025?
It's a domino effect: The Fed lowers the benchmark interest rate, then the prime rate decreases and lastly credit card APRs drop. You can expect your credit card's interest rate to ...
Typically, the Federal Reserve will lower interest rates during a recession to spur growth and reduce unemployment. Because CD rates follow the federal funds rate, CD rates will usually ...
However, if the economy faces a potential recession because inflation is too low or stagnant, the Federal Reserve will decrease the federal funds rate instead This will lower general interest ...
Mortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal ...