5 weeks after the Fed cut rates, banks still want your cash — and they're paying to get more of it
The Fed cut rates five weeks ago, but banks are still paying high interest rates on high-yield savings accounts and combo checking/savings offers.
Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.
30-Year Mortgage Rates Continue Wavering in Mid-6% Range
Rates on 30-year new purchase loans have been bobbing around the 6.5% mark for two weeks, and ended last week essentially flat. Other loan types also held close to steady Friday.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.
Here's why mortgage rates are going up
What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but mortgage rates have risen for th
Mortgage Refinance Rates Inch Up, Approaching 2-Month High
With a slight increase Friday, 30-year mortgage refi rates are near their highest level in two months, after hitting a ...
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 21, which is unchanged from Friday.
Get the latest personal loan rates today
Personal loan amounts can range from a few hundred dollars to as much as $100,000 (or more). They typically have repayment ...
How much does a $70,000 HELOC cost per month now that rates have dropped?
A borrowing product with a variable interest rate can be risky in an environment in which interest rates are volatile or on ...
Mortgage Rates Today, Oct. 21: Median Rate Remains 6.63%
As of Oct. 21, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
Get the lowest HELOC rates available in October 2024
At today’s average HELOC rate of 8.88%, which assumes an 80% LTV, borrowing $100,000 on a 10-year repayment term equates to a ...
Try this higher-interest, lower-tax alternative to CDs while rates are still high
If you're considering investing in a CD, you might look at this other cash equivalent instead.
Private Credit Thrives Amid Australia’s Elevated Interest Rates
Some of Australia’s large institutional investors are looking for growth in the nascent local private debt market to take ...
Here's how interest rates impact gold prices
Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...