Learn about legal interest rates and their limits, how different states enforce laws, and what excessive rates—usury—mean for borrowers and lenders.

Looking to buy a home or refinance an existing property? Here are the mortgage interest rates you need to know now.

The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.

The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision.

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of today,

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.

Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.