Banking
The job hunt feels broken. These 6 charts show it’s not just you.
7 min read
The Federal Reserve and Your Money
Interest rates are a little lower than they used to be, but they’re still near the highest levels in over a decade. Here’s what it means for your wallet.
The latest on the Fed from Bankrate’s experts
“Americans who are hoping for lower borrowing costs should reset their outlook to a world of largely stable interest rates. Making financial decisions based on the assumption of imminent change is likely to lead to frustration.”
The Fed didn’t cut interest rates. Here are 5 things to watch next.
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious about making future cuts.
Read more
Recent interest rate trends
Every time the Federal Reserve adjusts interest rates, borrowing and savings rates move in lockstep. Compare Bankrate data to see how the latest Fed decision is impacting rates on key consumer products.
Mortgage rates
This week's mortgage news
Savings rates
What is the average interest rate for savings accounts?
Auto loan rates
Current car loan interest rates
HELOC rates
This week's HELOC news and analysis
Credit card rates
Current credit card interest rates
Experts in all things finance
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About Bankrate
Bankrate Financial Analyst
Principal U.S. Economy Reporter
Senior Economic Analyst
Editor's picks
Follow us for the latest financial news:
Stephen Kates, CFP
Former Bankrate Financial Analyst, Wealth
Mark Hamrick
Former Washington Bureau Chief, Senior Economic Analyst
Sarah Foster
Former U.S. Economy Reporter and Analyst
Latest articles
The Federal Reserve’s actions can influence student loan interest rates.
The Federal Reserve held rates steady at its January 2026 meeting.
Auto rates will likely not decrease this year. Consider how to still save.
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
How Reg. D impacts your savings account and why it pays to check with your bank.
How much house can this relatively high income comfortably buy you?
Credit card payment processing times may vary, but tend to pass in just a few days.
If you want to make the most of Black Friday this year, here are some tips to help you navigate the shifting shopping landscape and get the best deals.
Shutdowns range from a minor inconvenience to a major financial disruption.
Here’s a helpful guide to how much you need in savings over the course of your life.
They can cost thousands, but staying in your own home as you get older? Priceless.
Don’t expect mortgage rates to depart from the current trend, experts say.
Explore and compare benefits of credit union credit cards to maximize your usage.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
The big question: How long will the Fed be on hold?
Rates could soon be within range of their pre-pandemic peaks. There’s a catch.
Rates are falling, and finance pros say it may be time for Americans to rethink some strategies.
Here’s what to skip and what to buy — and how to tariff-proof your budget.
It’s a tale of two job markets: secure for job holders, recession-like for job seekers.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
Officials are cutting rates to shore up the job market, but it’s not without risk.
The trusted provider of accurate rates and financial information
