Discover how fixed-rate payments work, their benefits, and how they differ in mortgage loans. Learn with examples to make informed financial decisions.

Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.

CD rates are still competitive despite recent drops, but where they head in 2026 will depend on numerous factors.

Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out a loan from a financial institution (student loan, auto loan, mortgage, ...

Interest income and dividend income are two ways that investors can earn money from their holdings. However, they come from very different sources and have different tax treatments. Interest income ...

There are plenty of savings accounts and investments in which to store your money, but few guarantee a high, fixed rate for months or even years. A certificate of deposit (CD) account is one of the ...

When we see yields go down, we do see a direct impact on savings instruments. You don’t want to overdo the savings bucket because the yields there will tend to be pretty ephemeral; the really great ...

With mortgage rates averaging below 6%, the final days of the year may offer opportunities for qualified borrowers.

The Federal Reserve released its latest quarterly Summary of Economic Projections (SEP) report last week. Compared to its previous forecasts, the Fed expects slower U.S. economic growth in 2025, with ...

Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average lender right in line with the lowest levels since late 2022. Because rates ...