Deciding between a fixed and a variable interest rate can be tricky, especially if you're not familiar with the differences between the two. Which is right for you depends on a few factors ...

The Federal Reserve recently cut interest rates for the first time in four years. Interest rate cuts make mortgage, automobile and other loans more affordable. Economists expect more interest rate ...

Americans are paying the price for the Federal Reserve's flurry of interest rate hikes, engineered to battle the hottest inflation in 40 years, through sharply higher borrowing costs. But with ...

They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update ... checking accounts generally don't accrue interest. It's the most common banking product, yet most account ...

In addition to pausing its benchmark interest rate, the Fed forecasted a series of rate cuts next year. The move would start to reverse a near-historic string of rate increases that has sent ...

The central bank lowered its benchmark interest rate by half a percentage point, which will make it cheaper to get a car loan, finance a business or carry a balance on your credit card.

Wednesday brought some promising news to consumers who have held off on major purchases like vehicles until they can get a better interest rate. The Federal Reserve cut federal interest rates at ...

You may be able to get a lower rate by refinancing, qualifying for rate discounts or negotiating with your student loan lender Rebecca Safier is a contributor to Buy Side from WSJ and finance ...

also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select explains how and why the Federal Reserve sets this rate ...

The terms are sometimes used interchangeably, but APY and interest rate are different thanks to compound interest. Many, or all, of the products featured on this page are from our advertising ...

An interest rate is the percentage of interest you earn or pay as applied to your principal balance. While the term interest rate is often used interchangeably with APY (in the case of savings ...

For example, a three-year personal loan for $15,000 with a rate of 13% would cost a borrower $3,195 in interest over its lifetime, while the same loan with a rate of 9% would cost $2,172—saving ...