Mortgage rates have increased since last week. According to Zillow data, the 30-year fixed mortgage rate has risen 13 basis points to 6.10%, and the 15-year fixed rate has risen 14 basis points to 5.55%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this…
Current savings account rates still remain well above the national average. The Federal Reserve cut the federal funds rate three times in 2024 and twice in 2025. This means deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a high-yield…
Current savings account rates still remain well above the national average. The Federal Reserve cut the federal funds rate three times in 2024 and twice in 2025. This means deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a high-yield…
Find out which banks offer the best MMA rates right now. As interest rates continue to fall following the Federal Reserve’s recent rate cuts, it’s more important than ever to make sure you’re getting a competitive rate on your savings. One option you may want to consider is a money market account (MMA). Wondering where…
Current savings account rates still remain well above the national average. The Federal Reserve cut the federal funds rate three times in 2024 and twice in 2025. This means deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a high-yield…
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2024, and recently announced its second rate cut for 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD…
Find out which banks offer the best MMA rates right now. As interest rates begin to fall following the Federal Reserve’s recent rate cuts, it’s more important than ever to make sure you’re getting a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts…
The Federal Reserve cut its benchmark interest rate by a quarter point on October 29, for the second time since September 2025. This move is closely watched by home buyers, refinancers, and investors alike, because the federal funds rate is the rate at which banks borrow and lend to each other. Read more: Fidelity says…
The Dollar Index (DXY00) rose +0.27% on Friday to hit a new 2.75-month high. Friday’s hawkish comments from Kansas City Fed President Jeff Schmid, Dallas Fed President Lorie Logan and Cleveland Fed President Beth Hammack supported the dollar as they cited reasons to oppose the Fed’s rate cuts. The dollar also rose after the October…
MikeShots/Envato Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. In September, the Federal Reserve Open Market Committee made a long-awaited cut to the federal funds rate. The reference interest rate is now between 4% and 4.25%. The board also signaled further rate cuts in the future, and…
