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 ...

The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March meeting.

“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 Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic ...

As long as inflation slows, rates should come down, too. But if it remains above the Fed's target, rates might not drop. In February 2025, average 30-year mortgage rates were 6.51%, according to ...

What happens when rates go down? Interest rates FAQs The FOMC meets ... If the Fed keeps to its slow-and-steady pace, that may come in the form of another 25-basis-point drop — taking the ...

But I do think by the end of the year, I'm anticipating rates coming down by about half a percent," says Jordan Heatherly, a mortgage loan originator at Churchill Mortgage. While significant HELOC ...

While mortgage rates have come down slightly from a peak in late 2023, rates are still high. Potential homebuyers may feel from reprieve in 2025 as the Fed continues with its anticipated rate cuts.