The average mortgage interest rate on a 30-year mortgage declined to 5.99% on December 17, 2025, according to Zillow. The median interest rate on a 15-year mortgage is 5.37%. With both options under 5% now, buyers may find today's rates low enough to justify re-entering the homebuying market.

Federal Reserve Governor Christopher Waller backed further interest-rate cuts to get the central bank’s setting back to neutral, while saying policymakers need not rush to do so.

Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their role in investments and economic trends.

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of today,

The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.

How does the Federal Reserve raising interest rates impact inflation? In a perfect world, higher interest rates would lower demand — theoretically lowering inflation. #learnwithpublic #federalreserve

Because the U.S. has the world's largest economy, fluctuations in America's interest rates affect much more than domestic growth.

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect rate cuts will have on inflation and employment. The