How The Fed’s Interest Rate Hike Will Affect Savings Accounts

Her work has been featured in national publications including Reader's Digest, CNBC and Forbes. She has a background in business ... expect the Fed to raise interest rates six more times in ... Read More

The Federal Reserve Won’t Budge on High Interest Rates: How To Turn This Unfavorable Decision to Your Benefit

The Federal Open Market Committee meeting on May 1, 2024, represents another opportunity for the U.S. Federal Reserve to lower interest rates. However, that move doesn't seem likely, according ... Read More

Mortgage Rates Forecast For 2024: Experts Predict How Much Rates Will Drop

The Fed’s latest ... to average interest rates hovering in the high 6% to low 7% range—lenders might consider offering more competitive rates or other incentives to attract borrowers. Read More

Low-Interest Business Loans: Best Options of April 2024

Here is a list of our partners and here's how we make ... average interest rates on business bank loans range from 6.13% to 12.36%, according to the most recent data from the Federal Reserve. Read More

Homebuyers and Sellers May Be Suffering the Most Under High Interest Rates

Average mortgage rates for a 30-year, fixed-rate loan crossed the 7% threshold for the first time this year, putting more pressure on homebuyers and sellers who have been holding out hopes for a rate ... Read More

With interest rate cuts delayed, experts offer tips on how to maximize your 401(k)

Financial experts say now may be a good time to consider tweaking your 401(k) as the Fed and other central banks weigh when to lower interest rates. Read More

Powell hints Fed still on course to cut rates three times in 2024 despite inflation uptick

The Fed’s preferred ... high inflation but has left it unchanged since last July. What happens when the Fed raises or lowers interest rates? The Fed raises rates to make consumer and business ... Read More

Average mortgage rate climbs for fourth straight week to highest level since November

The average rate on a 30-year mortgage has now increased four weeks in a row. The latest uptick brings it to its highest level since November 30, when it was 7.22%. Read More

One Must-Read Stock News: Fed Higher Rates

Some mainstream media outlets covering the financial sector now write that higher interest rates are not bad. This is a dangerous assumption.Stock markets are forward-pricing machines. They increased ... Read More

4 times you should buy a home with interest rates high

Thanks to decades-high ... in the Federal Reserve keeping interest rates unchanged — and mortgage rates have stagnated. That said, today's mortgage rates are still relatively low, historically ... Read More

Why the Fed needs to cut interest rates to lower inflation, according to a JPMorgan strategist

the Fed simply needs to bite the bullet and start cutting interest rates even in the face of elevated inflation if they want to get inflation back to their long-term 2% target. "A lot of what's ... Read More

Understanding The Federal Funds Rate

Fed Funds Rate High: 20%. In 1980, feds fund soared to 20% to battle double-digit inflation. Higher interest ... make lending and credit easier for borrowers to get, which spurs consumer and ... Read More