The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 14, which is 0.11 percentage points higher ...

Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.

This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...

Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...

The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...

Rate cuts When will interest rates go down? How much will rates be cut? What will happen when rates go down? FAQs The FOMC meets eight times a year to discuss adjusting the federal funds rate ...

If you’re looking to buy a home, refinance a mortgage or take out a home equity loan, it’s a good idea to monitor rates closely. Here are the current mortgage interest rates and their ...

The Federal Reserve’s Open Market Committee (FOMC) did the expected, cutting the federal funds rate by  0.25%. That means the ...