The average car loan carries a 6.3% interest rate for a six-month loan, according to Edmunds data. Used cars are even higher ...

Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...

Perhaps finance companies and dealerships can take solace in the seven-word sentence Federal Reserve chair Jerome Powell said ...

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...

The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Mortgages, car loans and credit card rates are tied ... from the 40-year peak it hit in mid-2022 when it was 9.1%. The Federal Reserve rate then was 1.2%. "The Committee seeks to achieve maximum ...

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.