Remember when interest rates were as low as 2.5%? The Federal Reserve (Jerome Powell) cut the rate on March 3 and March 15, ...

CD rates stayed near historic lows in 2021 as the Federal Reserve kept interest rates low. By the middle of 2022, yields on CDs began to rise as the Federal Reserve began to raise interest rates.

Home equity loan and HELOCs rates are based on a benchmark interest rate (the “index”), plus an additional amount set by the ...