Better reports that Fed rate cuts can influence mortgage rates, but unpredictably; housing buyers should focus on personal ...
Mortgage rates stayed steady through most of 2025, but two consecutive Federal Reserve rate cuts in September and October signaled a slowing economy and cooling housing market. While federal fund ...
Mike De Socio is a CNET contributor who writes about energy, personal finance, electric vehicles and climate change. He's also the author of the nonfiction book, "Morally Straight: How the Fight for ...
This month marks the one-year anniversary of the Federal Reserve's most recent interest rate hike, which pushed rates to their highest point in 23 years. Now, with inflation continuing to cool, ...
The Federal Reserve is widely expected to lay the groundwork for a September interest-rate cut at the conclusion of its meeting on Wednesday, offering some reprieve to Americans who have been squeezed ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made ...
The Federal Reserve is gearing up to cut interest rates as soon as next month, which could bring relief to people with mortgages, credit cards and car loans. But it could be a bumpy ride until then. A ...
This story was updated to add new information. Interest rates dropped for the first time in four years this week, but don’t expect that to be life-changing, experts said. When the Federal Reserve ...
Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...
The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown. The central ...
It came as no surprise to anyone that the Federal Reserve cut the benchmark interest rate by another 25 basis points, or a quarter of a percentage point, on Dec. 18, bringing the target range down to ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian‘s State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you’re ...