Interest rates have been near historic lows for many years now, but they have been inching up, and it seems likely that the Federal Reserve will keep hiking them for a while. Interest rates are very influential in our financial lives, so it's smart to keep an eye on them.In particular, interest rates influence how much house we can afford to buy.
Similar Stories to Credit Shocker: See What Today's Low Interest Rates Really Mean For Mortgages on Bing News
newsfeedback@fool.com (Selena Maranjian), The Motley Fool
Sun, 03/18/2018 - 11:16am
BING NEWS:
- Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve said that a lack of progress in bringing inflation down over the last few months is why it is holding interest rates where they are for now ... "The Fed is signaling with today's ...
05/2/2024 - 5:17 am | View Link - Today’s top money market account rate roundup…
The average money market account (MMA) rate has remained fairly steady over the past week and sits at 0.59%. But if you shop around, you could get a much higher rate of around 5%.
05/2/2024 - 1:27 am | View Link - Mortgage Interest Rates Today, May 2, 2024 | Rates Unlikely to Drop Until the Fed Starts Cutting
See how we rate mortgages to write unbiased product reviews.The Federal Reserve is keeping rates where they're at for now, the central bank announced on Wednesday, which means it could be a while ...
05/1/2024 - 11:00 pm | View Link - Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.
05/1/2024 - 10:00 am | View Link - Federal Reserve holds rates steady. Here's what that means for your money.
The Fed on Wednesday said it is keeping the federal funds rate in a range of 5.25% to 5.5%, the same level it has held since the central bank's July 2023 meeting, which is its highest level in more ...
05/1/2024 - 9:24 am | View Link - More
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