Federal Reserve holds steady on interest rates
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Today, the mortgage interest rate on a 30-year fixed mortgage is 6.17%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.38%, and the average rate on a 30-year jumbo mortgage is 6.
From mortgage rates and auto loans to credit cards and savings accounts, here's a look at how the January Fed decision could affect your finances.
The Federal Reserve is nearing an interest rate decision at its January meeting. Jerome Powell is under growing pressure amid a DOJ investigation.
Looking to purchase a home or refinance your current one now? Here are the mortgage interest rates to know first.
From mortgage rates to auto loans and credit cards, here’s a look at how the upcoming January Fed decision may affect your finances.
The Federal Reserve on Wednesday kept interest rates unchanged as the US central bank fights to maintain its ability to set interest rates without political interference.
Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year.
The average interest rate on a 30-year, fixed-rate mortgage dropped to 5.94% APR, according to rates provided to NerdWallet by Zillow. This is 19 basis points lower than yesterday and 15 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.