If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...

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 ...

Commissions do not affect our editors' opinions or evaluations. According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior ...

The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three ...

The national average savings account interest rate is 0.41% as of April 14, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

US stocks closed higher Wednesday as the Fed held its benchmark interest rate steady, matching expectations. US markets have been choppy this month and stocks rallied on a sense of short-term calm.