The SAVE plan doesn’t reduce or eliminate the interest rates charged on your federal student loans. However, it does make one big interest-related change that could affect millions of borrowers.

The median sales price of a new home was $420,700 in January 2024, according to ConsumerAffairs’ research. Since most homebuyers don’t have that kind of money lying around, you’ll likely have to ...

Interest rates shape everything from your mortgage payment to the return on your savings account. Whether you're borrowing or saving, the rate determines how much money changes hands over time. Rates ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Interest rates affect many of Americans’ financial moves, yet you might not really know how they work. You’re probably most familiar with interest rates as the figure that makes your credit card bills ...

Interest rates are a fundamental aspect of banking that can significantly influence your financial journey. Active interest rates are those charged by banks on loans and credit, while passive interest ...

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

With rates edging lower in the wake of three back-to-back Fed rate cuts and the Federal Reserve set to meet again next week, it's time for your money to start pulling its weight. If you aren't yet ...

With rates falling fast in the wake of two Fed cuts this year, it's time for your money to start pulling its weight. Among your best ways to stay ahead of lower interest rates is by trading in your ...

Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...