A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...

The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

The European Union is scrambling to cut taxes on American cars in a bid to avert a trade war with Donald Trump. Brussels is ...

Big trade disruptions could (eventually) jackhammer both variable and fixed rates lower this year — despite rising inflation ...

The changes have been proposed under the new tax regime. The finance minister also proposed new income tax bill, which she ...

This reduction lowered the prime rate on variable loans to 5. ... homeowners can mitigate the financial impact of interest rate changes and ensure better control over their mortgage commitments ...

The Federal Reserve opted to hold interest ... the funds rate — banks do that — but "the Fed assumes that banks will use it as a floor in their own lending," Forbes added. Rate changes usually ...

Your mortgage rate and payment are not affected by changes ... a given interest rate for five years. With a five-year variable-rate mortgage, your rate will vary in sync with the prime rate ...

It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...