On Wednesday, the Federal Reserve announced its second consecutive interest rate cut, bringing the benchmark interest rate to the lowest it's been in three years.
The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...
The average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.12% APR, according to rates provided to NerdWallet by Zillow. This is five basis points lower than yesterday and 16 basis ...
Mortgage rates have already edged down some to around 6.35% as of Sept. 11 from around 7% in January. Many consumers have been on the sidelines lately waiting for interest rates to drop before buying ...
Home equity loan interest rates fell to a 2-year low this week. Here are three things borrowers should do right now.
Over the last couple of weeks we've been seeing President Donald Trump applying unprecedented political pressure to the Federal Reserve to cut interest rates. We're waiting to see if the board of ...
The Federal Reserve has decided to keep interest rates unchanged. Discover how this decision immediately affects your ...
U.S. household debt has gone up due to massive jump in mortgage debt, credit card debt, student loans, and auto loans.