The Fed made three cuts to its benchmark interest rate in late 2024. It lowered the federal funds rate by half a percentage ...

Freddie Mac’s average rate for a 30-year fixed rate loan remained fairly stable this week, edging down by just 0.02 ...

which carries the same interest rate over the entirety of the loan term, ARMs start with a rate that’s fixed for a short period, say five years, and then adjust. For example, a 5/1 ARM will have ...

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run ... a record low of approximately 0.04% in May 2020. These periods of ultra-low interest ...