The FederalReserve sets the federal funds target rate, also known as the fed funds rate, which is the interestrate at which commercial banks lend to each other overnight. Below, CNBC ...
The FederalReserve’s third interestrate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses NEW ...
The FederalReserve lowered interestrates once again this week, and the move has many wondering how this will impact mortgage rates and the larger housing market. Based on the Fed's new ...