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What Is Current Fed Funds Rate current federal reserve Interest Rates: Why They Change – The current federal funds rate rose to 2.5 percent when the Federal Open Market Committee met on December 19, 2018. This benchmark rate is an indicator of the economy’s health. The Federal Reserve signaled it would raise rates to 3 percent in 2019. The rate is critical in determining the U.S. economic outlook. The 2008 recession caused the Fed to lower its benchmark rate to 0.25 percent.
Mortgage rates decrease for Thursday – Compare mortgage rates in your area now. The average rate for the benchmark. At the current average rate, you’ll pay a combined $480.88 per month in principal and interest for every $100,000 you.
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