Even with borrowing costs high, a sub-7% mortgage rate may still be within reach for some buyers. The trade-off could be a ...

Markets expect interest rates to rise further at the Federal Reserve’s two remaining meetings of 2026. The question is ...

The Federal Reserve raised rates for the first time in more than three years. Here's what that means for you.

If you’re a small business owner shopping for a loan in 2026, the interest rate landscape is better than it was a year ago — but still far from simple. The Federal Reserve cut rates three times in the ...

Thirty-year mortgage rates hit a one-year high today. Today’s average mortgage rate on a 30-year fixed-rate mortgage is 7.46%, up 0.41 percentage points from the previous week, according to the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

After years of elevated borrowing costs, mortgage interest rates have just taken a sharp turn lower, and homeowners and buyers are taking notice. According to the latest rate data from the Mortgage ...

Because banks use the prime rate as a reference point for setting interest rates, the prime rate directly influences a variety of loan interest rates, including personal loans, home equity products, ...

When it comes to loans and bank accounts, interest rates matter. Savings account interest rates dictate how much your deposits earn. Loan interest rates, on the other hand, determine how much it costs ...

It came as no surprise to anyone that the Federal Reserve cut the benchmark interest rate by another 25 basis points, or a quarter of a percentage point, on Dec. 18, bringing the target range down to ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Chicago-based mortgage company Guaranteed Rate is changing its name to Rate, according to company communications reviewed by the Tribune. Victor Ciardelli, the president, CEO and founder of Guaranteed ...