A cut to the Fed's benchmark rate has consequences for debt, savings, auto loans, mortgages and other forms of borrowing by ...
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
Past proposals for higher caps haven’t gained traction.
According to the Federal Reserve, the average auto interest rate is hovering around 8.2%. In 2019, it was 5.3%. Sign up for ...
Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
Wednesday’s cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%. That shift may seem subtle, but with more cuts expected, lower mortgage rates and ...
Any credit card debt can be too much at today's high interest rates. Check out the data on what the typical American owes to ...
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
Technically, a "good" credit score is between 670 and 739 and this is the average range of a U.S. credit score. A good credit ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.