Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...

Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...

The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...

Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...

The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come ...

The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's ...