Bank of Japan Raises Rates to Highest Level in 3 Decades
Digest more
Learn about legal interest rates and their limits, how different states enforce laws, and what excessive rates—usury—mean for borrowers and lenders.
Looking to buy a home or refinance an existing property? Here are the mortgage interest rates you need to know now.
The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.
The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of today,
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.
Because the U.S. has the world's largest economy, fluctuations in America's interest rates affect much more than domestic growth.
Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.
The latest cut brings the target federal funds rate to a range between 3.5 percent and 3.75 percent, the lowest level in three years. This rate affects many consumer lending and savings rates throughout the country, either directly or indirectly, including mortgage rates.
A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.