The average annual percentage yield for a 12-month CD dropped two basis points this month to 1.78%, according to the FDIC.

One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

Mortgage rates have come down from their recent peak, but it could be a sign of overall economic weakness and a potential ...

“Lower rates are good for home buyers who have been waiting for mortgage rates to come down,” said Lisa Sturtevant, chief economist at BrightMLS, in an emailed statement. “But if rates come ...

“While the idea of interest rates coming down is appealing to many consumers and businesses, the reason for lower interest rates is very important. We want interest rates to decline because ...

The Fed dialed down interest rates in late 2024 because inflation was coming under control after a period of rising prices. Interest rates had reached a two-decade high, and most observers perceived ...

Home equity loan rates have fallen over the last year, approximately. So, will they continue to drop this April?

Residential property owners in Lackawanna County may be recovering from some sticker shock after receiving new tentative ...