The Fed's impact on mortgage rates isn't direct, but it matters. Here's what to know about the central bank's latest decision.

The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to ...

Here's a question some Fed-watchers, including the President of the United States, have asked lately: Why won't the Fed cut interest rates already? Fed Chair Jerome Powell has answers.

The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday.

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies ...

The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...

Certificates of deposit: If you can afford to lock your money up for a fixed period of time (eg, 6 months, 18 months, 1 year, 3 years, etc.) FDIC-insured banks will offer you a higher return in a CD.

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in ...

BRSP's dividend yield is attractive at 12.4%, but coverage is thin, and another cut is likely. Click here to find out why ...