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

Discover how mortgage interest works, how it's calculated, and the differences between fixed-rate and adjustable-rate loans. Learn tips to secure lower interest rates.

CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If you’re considering opening a certificate of deposit (CD) or already have one, ...

Interest is one of the ways lenders make their money, and it’s what makes it worth it for them to give out loans. If you’re borrowing money, interest is the cost the bank charges you for the service.

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You’ll likely earn ...

During the latter part of 2025, the Fed made three consecutive cuts to its benchmark interest rate. Those cuts came on the ...

If interest rates declined by 1 percentage point, the average buyer would save $20 on their monthly payment The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but ...

If you’re considering opening a Certificate of Deposit (CD) or already have one, you might be wondering how to calculate CD interest and estimate how much you’ll earn over time. CDs are a low-risk ...

The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but prospective car buyers hoping that will bring down the cost of loans shouldn’t hold their breath, experts say.