When you borrow money, you’ll also pay interest on top of the amount you borrowed.. Interest is the money the lender gets for loaning you the money. Read Next: 5 Subtly Genius Moves All Wealthy People ...

After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024, when the Federal Reserve began trimming its benchmark rate.

Discover what a factor rate is and how to calculate it.

The interest rate environment is changing once again. After the Federal Reserve kept its federal funds rate on pause for all of 2025, the central bank is poised to issue its first rate cut of the year ...

Explore the current interest rates for SBA-backed financing.

As interest rates fall, it helps to know what a good mortgage refinance interest rate is considered to be right now.