The Federal Reserve’s most important monetary policy tool is the Fed Funds Interest Rate target. By raising or lowering this benchmark, the Fed hopes to influence the cost of credit throughout the ...

The rate on a 30-year fixed refinance dropped to 6.23% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.35%. On a 20-year mortgage refinance, the ...

U.S. interest rates look too high, relative to inflation. A compelling argument can be made that U.S. interest rates are higher than they “should” be relative to inflation. The implication of that ...

It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest ...

You’re more likely to find rates below 5.00% when you have a higher credit score ...

The APR and interest rate on your mortgage aren’t the same. Here’s what to pay attention to when you compare costs.

Decoding interest rate swap quotes can be simple with the right guidance. Our article offers key insights and practical tips to help you understand and manage swaps effectively.