After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.
Note that while credit cards can still have high interest rates regardless of how good your credit score is, improving it can help save you money on the interest you're paying on any type of debt ...
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business ...
It's usually a wise idea to save money ... interest that could give your savings a boost — meaning you'll be more prepared for the next rainy day. The national average savings account interest ...
For starters, when inflation rises, lenders typically demand higher interest rates to ensure their returns outpace inflation.
Any incoming economic data that beats markets' expectations, such as hotter inflation or lower unemployment, reduces the ...
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
When he’s not managing money in the stock market ... the Federal Reserve raised its benchmark interest rate 11 times from 2022 to 2023. Now that inflation is cooling, the Fed has begun to ...
Interest rates change based on the market demand for credit—the more demand there is for credit products, the higher interest rates are likely to be. If demand for credit products goes down ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
On the other hand, buying bonds before an interest rate cut is a smart money move as it allows you ... as inflation, housing demand and other factors play into lender mortgage rates.