News

To qualify for a home equity loan—and get the best interest rate—you usually need to have a good to excellent credit score ...
The average rate on a 30-year fixed-rate mortgage fell one basis point to 6.84% the week ending June 26, according to rates ...
The B, C and D tranches maintain minimum subordination percentages, 12.5%, 8.1% and 4.3%, respectively, allowing them to ...
The Federal Reserve left its benchmark rate unchanged at 4.25%-4.50% for a sixth straight meeting and Chair Jerome Powell ...
Rates on some of the best accounts now available range between 3.6% and 4.3%, according to Bankrate. That compares very favorably to the average savings rate across all banks, which was just 0.38% as ...
The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The prime rate is the benchmark used to determine the interest rates you’ll pay on loans, credit cards and other lines of credit. When the prime rate changes, you might see a small increase or ...
Credit card APRs come in two forms — variable and fixed. A variable APR fluctuates with the prime rate and can increase or decrease at any time. For instance, when the Fed cuts interest rates ...
It's important to note that fixed interest rates may be slightly higher than variable rates. Currently, home equity line of credit interest rates are on a downward trajectory.
Credit card interest rates are high and don’t appear to be coming back down anytime soon. According to the Federal Reserve, the average interest on credit card balances was 22.8% as of November ...
Key credit card interest rate insights. Highest average credit card interest rate in 2024: 20.79 percent (Aug. 24, 2024) Lowest average credit card interest rate in 2024: 20.27 percent (Dec. 31, 2024) ...