A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

On average, class of 2024 graduates who took out loans left college with $29,890 in student loan debt. On its own, that’s a lot to stomach. But with a 4.24% interest rate (the average federal ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

Investors who’ve held onto long-term bonds over the past few years might finally have their chance at seeing gains in a lower interest rate environment. Rate cuts by the Federal Reserve could push ...

The Bank of Canada lowered its key interest rates to 2.25 per cent on Wednesday, continuing a rate-cutting cycle that began in June 2024. Ahead of this latest change, CBC News spoke with economists, ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...