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News for: Interest Rates
Showing 169 - 192 of 314 results
Aug 20, 2025 7:23 AM
— Interest Rates
Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
President Trump is pressuring the Fed to lower the base interest rate to help consumers financially and kickstart the housing market. Lower interest rates could benefit homeowners, relieve tension in the housing market, provide relief for financially vulnerable demographics, and potentially impact mortgage rates. However, the connection between borrowing costs and the short-term interest rate is c... more
Aug 20, 2025 6:23 AM
— Interest Rates
Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates
President Trump criticized Federal Reserve Chair Jerome Powell for not cutting interest rates, claiming it was hurting the housing industry. He also attacked Federal Reserve Governor Lisa Cook over alleged mortgage fraud. Meanwhile, inflation increased in July, potentially impacting the Federal Reserve's decision-making process regarding interest rates. The Bureau of Labor Statistics reported an i... more
Aug 18, 2025 3:23 PM
— Interest Rates
You can earn up to 5.00% APY in a high-yield savings account on Aug. 18, 2025
The article discusses high-yield savings accounts offering APYs well above average rates, with some banks still offering around 5.00%. It explains how the Fed's decisions on interest rates impact savings rates, with banks tending to follow the lead of the federal funds rate. The article also highlights the benefits of high-yield savings accounts, which typically have higher rates, no minimum balan... more
Aug 18, 2025 12:23 PM
— Interest Rates
Best High-Yield Savings Rates Today | Leading APYs Still Surpass 4%
The Federal Reserve has maintained its benchmark rate in a target range of 4.25-4.5 percent this year, resulting in high-yield savings account rates above 4 percent APY. Traders predict a rate cut in September, potentially lowering rates. Banks often adjust their rates in response to Fed changes. While CD rates remain high, there are early withdrawal penalties. It is recommended to have a healthy ... more
Aug 18, 2025 5:26 AM
— Interest Rates
Federal Funds Rate History: 1980 Through The Present
Bankrate points out that the current U.S. central bank's key borrowing benchmark is in a target range of 4.25-4.5 percent, lower than during the pandemic but still high. Fed's historical rate moves and policies, including manufacturing a recession in the 1980s to combat inflation and Greenspan's management through the dot-com and housing bubbles, are discussed. Quantitative easing was introduced d... more
Aug 16, 2025 4:36 AM
— Interest Rates
The Fed is expected to cut rates. Don't expect mortgage rates to follow.
The Federal Reserve is expected to cut benchmark interest rates again, potentially leading to fluctuations in mortgage rates. Mortgage rates are already at a low level and are influenced by factors like bond yields and market expectations. Mortgage industry professionals are frustrated as customers are waiting for rates to drop further before moving forward. Mortgage rates are primarily influenced... more
Aug 13, 2025 2:25 PM
— Interest Rates
Data-Free Rally Day
Overnight gains were seen in the bond market with increasing expectations for a Fed rate cut in September. General trade flow momentum continued with no new changes in Fed Funds Futures. Thursday's focus will be on the PPI release which can impact the broader PCE price index.
Aug 13, 2025 9:24 AM
— Interest Rates
Young buyers' risky refi gamble: A looming problem?
Young homebuyers are prioritizing low interest rates over the condition of the house they are purchasing, potentially leading to future issues. High interest rates are making refinancing difficult for many homeowners, causing an increase in the use of HELOCs and home equity loans for cash. The housing market cooling down may result in a rise in delinquency rates and underwater mortgages.
Aug 13, 2025 3:24 AM
— Interest Rates
Economists now leaning towards September Fed cut
Economists surveyed by Wolters Kluwer expect the Federal Open Market Committee to cut short-term rates at its September meeting, but a share still believes action won't come until December or later. The 30-year fixed rate stayed within a narrow range in July. The surprising jobs report in July helped drive Treasury yields and corresponding rates lower, providing a window of opportunity for borrowe... more
Aug 12, 2025 1:26 PM
— Interest Rates
Mortgage Rates Hold Steady After Key Inflation Report
Mortgage rates are not solely influenced by changes in the Fed Funds Rate, but are also affected by economic reports such as the monthly jobs report and the Consumer Price Index. The CPI release indicated a possibility of a rate cut by the Fed in September due to mixed inflation data. While shorter-term bonds improved in response to this news, longer-term bonds that dictate mortgage rates remained... more
Aug 11, 2025 12:24 PM
— Interest Rates
Mortgage Rates Steady Ahead of High Stakes Inflation Report
Top tier 30yr fixed mortgage rates remained steady last week after slightly dropping over the weekend. Rates are currently near the lowest levels since October 2024. The upcoming Consumer Price Index report is expected to impact rates, with traders on the lookout for potential tariff-driven inflation that could lead to an increase in rates. However, the expectations for higher inflation are alread... more
Aug 11, 2025 8:24 AM
— Interest Rates
Another Slow Start, But Probably Not a Slow Week
July is typically a slow period in financial markets, with June and August also being quiet unless there are signs of a shift in Fed policy. Yields have been hovering around 4.34% in a narrow range. The upcoming CPI release could potentially shake up the stagnant summertime momentum.
Aug 8, 2025 6:26 AM
— Interest Rates
Best high-yield savings rates today – August 7, 2025
High-yield savings accounts are currently offering up to 4.35% APY, with online-only banks and credit unions being sources of competitive rates. These rates may change based on Federal Reserve interest rate changes. It is important to choose a bank insured by FDIC or a credit union insured by NCUA. Factors to consider when choosing a savings account include APY, excessive transaction fees, minimum... more
Aug 7, 2025 4:24 AM
— Interest Rates
Interest rates live: Boost for mortgage holders as Bank of England cuts rate for third time this year
The Bank of England has cut interest rates to 4%, marking the third cut this year. This is expected to benefit homeowners but negatively impact savers. The cut is aimed at boosting the mortgage market and comes despite concerns over high inflation and Trump tariffs. Experts suggest that households may not immediately see spending benefits from the rate cut due to economic uncertainty.
Aug 7, 2025 4:23 AM
— Interest Rates
What the interest rates cut means for mortgages, pensions and savings
The Bank of England has cut the UK interest rate to 4%, the lowest level since March 2023. This move affects mortgage rates, savings rates, and inflation. Lower interest rates mean cheaper borrowing but also lower returns on savings. The Bank aims to balance inflation with economic growth and employment concerns. While inflation is expected to reach 4% in September, some pensioners could benefit f... more
Aug 7, 2025 2:23 AM
— Interest Rates
Bank of England expected to cut interest rates - live updates
The Bank of England has cut interest rates from 4.25% to 4%, leading to lower borrowing costs but reduced returns for savers. Mortgage rates may slightly decrease, particularly for those with tracker mortgages, while fixed deal holders won't see a change. The decision also impacts savings rates, with average rates dropping. The gradual rate cuts aim to balance inflation concerns with economic grow... more
Aug 6, 2025 11:23 PM
— Interest Rates
UK interest rates cut to 4% in tight decision
The Bank of England has cut interest rates to 4%, the lowest level in more than two years, to address concerns about the struggling economy and rising inflation. Some homeowners will benefit from lower mortgage costs, while savings returns may decrease. Policymakers are split on the decision to cut rates, with further cuts expected to be gradual and cautious. Businesses are reporting cost increase... more
Aug 6, 2025 11:23 AM
— Interest Rates
Best high-yield savings rates today – August 6, 2025
Currently, the best high-yield savings accounts are offering rates as high as 4.35 percent APY, far surpassing the national average of 0.57 percent APY. The rates on savings accounts tend to fluctuate based on the Federal Reserve's benchmark rate changes. It's important to choose a bank insured by the FDIC or NCUA, and to regularly compare rates to ensure you're earning a competitive rate.
Aug 5, 2025 11:24 AM
— Interest Rates
Mixed ISM Data Keeps Bonds In The Game
The ISM Services Index showed growth-related components coming in slightly weaker, but the 'prices paid' component reached another post-pandemic high, indicating inflation remains a concern. Despite this, the overall report was downbeat enough to offset the inflation implications, resulting in bonds ending the day unchanged.
Aug 4, 2025 7:23 PM
— Interest Rates
Mortgage rates hit lowest levels of 2025
Following a weak jobs report, the 10-year yield dropped slightly, leading to a new low in mortgage rates for 2025 at 6.57%. There has been no Fed rate cuts this year, but speculation suggests that there could be one in September.
Aug 4, 2025 1:23 PM
— Interest Rates
Best high-yield savings rate today – August 4, 2025
High-yield savings accounts are currently offering up to 4.35 percent APY, with Peak Bank leading the way. These accounts provide easy access to funds with yields well above the national average. Savings account rates are variable, so it's important to compare rates and be aware of Federal Reserve interest rate changes that can impact APYs. High-yield savings accounts can help grow money quickly f... more
Aug 1, 2025 2:54 PM
— Interest Rates
Bond Traders Quickly Revise Their Bullishness
There were significant revisions to the Non-Farm Payrolls (NFP) numbers, leading to a massive rally in the markets. Yields on various bonds decreased significantly, including 2yr yields, which fell almost 30bps. Mortgage rates also dropped back to mid-October levels as a result.
Jul 31, 2025 1:24 PM
— Interest Rates
What Does July's Data Suggest About Friday's Jobs Report?
The article discusses a table consolidating results from various economic reports and historical data related to nonfarm payrolls (NFP) to determine the likelihood of NFP moving higher or lower in tomorrow's data. Credit is given to BMO's US Rates Strategy desk for compiling this data.
Jul 31, 2025 3:23 AM
— Interest Rates
Top CD Rates Today: July 30, 2025 | Best APY Is 4.45% Ahead Of Today's Fed Meeting
Federal Reserve officials are expected to hold the federal funds rate steady following their July meeting, which could lead to stability in yields on competitive CDs. The current highest CD rate is 4.45 percent for terms of six and nine months. Opening a CD involves submitting personal information online or at a branch, funding the account with the minimum balance, and choosing interest disburseme... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.