The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.

The Bank of Japan will potentially raise interest rates three times this year to double the current level if the yen’s ...

Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply ...

It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest ...

If you've been a prospective homebuyer in recent years, you might be forgiven for thinking that there were no "good" mortgage interest rates available. That's because there often weren't. At one point ...

The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That’s up slightly from 6.15% last week, when the average rate dropped to its lowest level since October 3, ...

The Fed cut rates at its last meeting of the year The Federal Reserve cut rates by a quarter-point Wednesday afternoon in alignment with expectations. Business Insider is covering developments live ...

When looking at mortgage offers online, the interest rate doesn't always show the whole picture. Often, the lowest advertised mortgage rate includes 1 or more discount points, which translates to ...

Fed faces internal divisions and uncertain data ahead of December interest-rate decision. Inflation, employment data, and the government shutdown complicate upcoming policy choices. Wall Street ...

After leaving the benchmark interest rate untouched for a nine-month stretch, the Federal Reserve in September made the first in what is anticipated to be a series of rate cuts. These cuts will have ...