Interest rates on home equity lines of credit (HELOCs) have been in a steady decline since the fall of last year. In fact, rates are now averaging around 8% — down significantly from their almost 10% ...

While it may still feel like mortgage interest rates in the 4% to 5% range are still a ways off, the reality is that rates are slowly but noticeably declining again. Case in point: Mortgage rates have ...

Certificates of deposit, or CDs, are savings tools that earn interest on money invested for a pre-determined period. They’re different from regular savings accounts because you must leave the money in ...

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is expected to ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is expected to ...

The 30-year fixed rate mortgage averaged 6.5% as of Sept. 4, according to data from Freddie Mac's latest primary mortgage market survey. A year ago, the average was 6.35%. Michigan Legacy Credit Union ...

The Federal Reserve lowered its key interest rate by a quarter of a point Wednesday, its first cut in nine months. The change won’t have a significant effect on consumers’ financial lives, but it may ...