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High-yield savings rates for January 22, 2025. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.50% APY with no minimums at Jenius ...
The Federal Reserve finally cut interest rates this week. It comes after years of aggressive inflation fighting from the central bank. While it will take time to feel the impact of the cuts, lower ...
NBC News will next week elevate Craig Melvin, a regular morning presence at “Today,” to replace Kotb during the show’s first two hours. Fox News, MSNBC and CNN are widely expected to rely at ...
The average interest rate for a 30-year fixed mortgage stands at 6.47%, Freddie Mac said on Thursday. The Fed has held interest rates steady at their highest level in two decades, however.
This year's Fed rate reductions have marked a reversal after more than two years of high rates, which largely helped tame inflation but also made borrowing painfully expensive for American consumers.
There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...
Mortgage rates dropped this week for the second straight week — presenting a double-edged sword for homebuyers. The average rate on the 30-year mortgage decreased to 7.5% from 7.76% last week ...
The Fed began lifting rates back in 2022 to calm raging inflation and since has lifted the benchmark rate 11 times, leaving it at 5.5% today. That's the highest level in more than 20 years.