Browsing: rate

By now you’ve likely heard of mortgage rate lock-in.It’s the theory that homeowners won’t move if they have mortgage rates well below prevailing market rates.For example,…

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit-card interest rates.What’s at stake: Credit-card…

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Businesswoman working on laptop in modern office spaceMomo Productions | Digitalvision | Getty ImagesStudent debt has long been considered difficult, if not impossible, to discharge in…

A  Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions.Fulfilling expectations…

Hard to believe it’s that time of the year again, but here we are in mid-December. Who’s ready for the 2026 mortgage rate predictions?Ready or not,…

Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, telling CNBC that policymakers should have waited until…

Processing ContentKey Insight: Both regional Federal Reserve presidents, who are voting members of the Federal Open Market Committee in 2025, said they wanted interest rates to…

Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in…

The Federal Reserve cut its benchmark rate by a quarter point at its last meeting of the year.December’s move marks the third time in a row the…