Economy News Here S What Higher Interest Rates Mean For The Economy And You

The Latest Interest Rate Cut Could Save You Big on Your Car Payments – Here’s How

The Federal Reserve’s recent interest rate cut has stirred up conversations across the financial world. For car shoppers, this move can lead to some important changes when financing a vehicle. In ... Read More

Mortgage Rates Today: October 15, 2025 – Rates Stand Still

The current mortgage rate on a 30-year fixed mortgage fell by 1.47% in the last week to 6.28%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.08 ... Read More

3 CD account moves to make before an October Fed rate cut

Another Fed rate cut is quickly approaching. Here are three CD account moves to make before it becomes a reality. Read More

The Fed lowered interest rates. What does it mean for you?

NASHVILLE, Tenn. (WTVF) — The Federal Reserve announced the first interest rate cut since December. Fed leaders made the decision this week in hopes of boosting low employment, which at this point, ... Read More

When Will Mortgage Rates Go Down? The Answer’s Not As Simple As You Think

Ever since mortgage rates began climbing from below 3% in 2021 to above 7% in 2022, interest in the search query "When will mortgage rates go down?" has surged, according to Google Trends. Read More

Here's what mortgage interest rates could look like by the end of 2025

After years of elevated borrowing costs, mortgage rates have finally started moving lower — and the change is already rippling through the housing market. The average 30-year fixed-rate mortgage loan ... Read More

What effect will the Fed's interest rates cut have and what could happen next

NPR talks with Stacey Vanek Smith, a reporter at Bloomberg, about the effect the Federal Reserve's decision to cut interest rates could have. Now, I think what most Americans really want to know is ... Read More

Here's why rate cuts might not end up boosting the economy

Fed rate cuts could cut into retirees' income and spark hesitancy among borrowers in the US, JPMorgan Asset Management's David Kelly said. Read More

What do missed car payments mean for the economy? A trend that was ‘apparent before the Great Recession’

What do missed car payments mean for the economy? A trend that was ‘apparent before the Great Recession’ - Last year, 1.73 million vehicles were repossessed, which is the highest number since the year ... Read More

Federal Reserve Expected To Cut Rates: Here’s How You Can Lock In High Interest Savings

The Federal Reserve is preparing for its September meeting, where the board may decide to cut the federal funds rate in response to rising inflation. If the Fed lowers rates, it could impact savings ... Read More

The Fed announces quarter-point interest rate cut. What it means for you

After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ... Read More