The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Home equity rates fall across the board ahead of the Fed’s next meeting
The $30,000 HELOC (home equity line of credit) dropped to two basis points to 8.53 percent — its lowest level in a year and a ...
Why One Fed Official Thinks Interest Rates Are At 'Appropriate’ Levels
St. Louis Fed President Alberto Musalem said interest rates were at “appropriately restrictive” levels and urged a “patient” ...
Mortgage refinance demand surges 27% as interest rates drop for the third straight week
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) ...
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Why Labor Data Matters for Mortgage Rates and the Fed
Inflation and employment data provide insights into the general health of the economy, influencing whether the Federal ...
What Do Falling Interest Rates Mean for CD Laddering Strategies?
All CDs represent some risk if unexpected financial needs or opportunities arise. CDs typically carry a penalty if you ...
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Trump says he doesn’t plan to remove Fed chairman Jerome Powell
President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair ...
Will HELOC interest rates continue dropping this December?
Interest rates on both home equity loans and home equity lines of credit (HELOCs) have been on a steady decline for most of ...