Discover what a factor rate is and how to calculate it.

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

The average 30-year fixed mortgage rate fell to 6.37% this week, down six basis points from 6.43% the week before, according to U.S. News data. Mortgage refinance rates also pulled back this week, ...

Mortgage rates are stable near 6% as the Fed is expected to cut rates by 25 bps next week. Experts predict limited impact on home loans, with affordability projected to improve modestly in 2026 as ...

With a December Fed rate cut in question, mortgage rates should shift higher. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not ...

After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ...

Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research, said the data cemented a Federal Reserve interest-rate cut next week: Loading tweet... Heather Long, chief ...

After years of elevated borrowing costs, mortgage rates have finally started moving lower — and the change is already rippling through the housing market. The average 30-year fixed-rate mortgage loan ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

The Federal Reserve cut interest rates for the first time in nine months on Wednesday, signaling concerns about a weakening labor market. The central bank’s Federal Open Market Committee voted to ...