In an effort on the Fed's part to combat inflation, interest rates have been on the rise. An increase in rates makes it more expensive to borrow money, which hurts Americans looking for ...
Purchasing a house is one of the most important financial choices many of us will ever face. But let’s be honest, it can also ...
Wednesday’s Federal Reserve policy decision was fairly boring for investors — officials kept interest rates the same, just as ...
The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit ...
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Fed Chair Jerome Powell said that despite recent data showing stronger inflation, he doesn’t currently believe that the central bank’s next move in terms of monetary policy will be an increase in ...
The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday.
The savings gains happened as the average interest rate on regular bank savings accounts is 0.5 percent. In some cases, at ...
Bank of Korea Governor Rhee Chang-yong recently dampened hopes for a rate cut within the year, stating that “all the premises ...
Inflation and interest rates go together. The Fed is determined to get price increases down to a 2% annual level. In the most ...
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
Global credit ratings agency, Fitch Ratings, has projected further hike in monetary policy rates by the Central Bank of ...