Will credit card interest rates increase now that inflation is climbing?
W ith the average credit card interest rate currently hovering above 23%, millions of Americans are finding it harder to keep ...
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
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The Fed increased interest rates again — here's why you should save more and pay off debt in response
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The Fed has ...
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Mortgage costs rise despite interest rate cut
Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest ...
Today's Mortgage Rates | Inflation Remains Elevated, Keeping Mortgage Rates High
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Barclays, HSBC, TSB increase interest rates for homeowners
A number of banks have increased their mortgage rates despite the Bank of England's recent interest rate cut. Here's ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
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Interest rates keep going down but mortgage rates aren't following suit. Here's why
CHARLOTTE, N.C. — The Federal Reserve keeps dropping key interest rates, but mortgage rates are actually going up, leaving many prospective homeowners facing a harsh reality. As mortgage rates ...