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Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?
Home Prices Are Too High for Some Buyers. To help combat rising inflation, the Federal Reserve has been increasing interest rates. Rising interest rates mean consumers are paying more to borrow money.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Consumers don’t need an economics lesson to understand the impact of high interest rates. They feel it in the cost of mortgages, currently above 7.5 percent for a 30-year, fixed-rate mortgage ...
Higher rates can have a significant impact on your plan to pay off your debt. Here's how. Getty Images There's no question that you've heard about today's high interest rates, and if you have any ...
While the Prime Rate has increased borrowing costs for lending products like credit cards, mortgage interest rates are more heavily influenced by the bond market and the 10-year Treasury yields.
The Federal Reserve's recent decision to maintain high interest rates for an extended period has sparked a debate over its potential impact on the U.S. economy. Despite the ongoing economic ...
As we hit the halfway mark of 2024, the financial landscape continues to be characterized by high interest rates. While the beginning of the year offered some optimism that rates would soon ...
However, the impact of interest rates on gold isn't always straightforward. ... 5 signs your credit card debt is too high for a DIY payoff plan. $150,000 home equity loan vs. $150,000 HELOC: ...
Read on to learn what that impact looks like, the different types of high-interest debt you should avoid and how to eliminate it as quickly as possible. Earning passive income doesn't need to be ...