Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...
Lower mortgage rates are good for housing affordability, but the reason behind the recent dip — a weakening economic outlook ...
Do CD rates go up with the prime rate? The prime rate is a benchmark widely used by banks when setting interest rates. Returns on savings accounts, interest-bearing checking accounts and CDs ...
The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how ...
This could be especially true with the Fed now signaling only two rate cuts in 2025, down from four in its previous forecast. Maintaining high interest rates would also impact new home ...
Inflation is hovering higher than hoped, and the Federal Reserve looks less likely to lower its benchmark rate, factors that mean mortgage rates aren’t likely to move much this month.
Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.