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

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

Mortgage rates are the interest rates charged by a lender, and are expressed as a percentage. They determine how much interest you’ll pay over the lifetime of the loan. Even small changes in a ...

The rate on a 30-year fixed refinance is 6.34% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.36%. For 20-year mortgage refinances, the ...

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve is expected to lower its benchmark ...