The average 30-year fixed mortgage rate was 6.06% for the week ending January 15, according to Freddie Mac. The last time home borrowing rates were this low was September 2022. Experts hope the drop ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...

The final Federal Reserve meeting of 2025 has concluded and the final Fed rate cut of the year was issued on December 10. Now that the cut and comments made post-meeting about other potential ones in ...

The final Federal Reserve meeting of 2025 was completed this week, and with it, the final interest rate cut of the year was issued. Now comes the interesting part. After all, a Fed rate cut is never a ...

For savers, falling interest rates will continue to erode attractive yields currently on offer with certificates of deposit (CDs) and high-yield savings accounts. Three of the big five banks (Ally, ...

Here’s how the central bank’s latest cut will affect loans, savings accounts and investments—and what financial moves to consider Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace ...

The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

Investors are understandably skittish in front of Wednesday's Fed meeting. While a rate cut is now a foregone conclusion, the concern is what Chairman Powell may say during his press conference, as ...

Mortgage rates are stable near 6% as the Fed is expected to cut rates by 25 bps next week. Experts predict limited impact on home loans, with affordability projected to improve modestly in 2026 as ...

Good afternoon, and welcome to our live coverage of the upcoming interest rates decision. The Bank of England’s Monetary Policy Committee (MPC) announces its latest decision tomorrow (6 November), and ...

The Fed cut interest rates in its October meeting for the second time this year. Rate cuts could ease mortgage and credit card borrowing costs for consumers. It could also become easier for companies ...