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.

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.

Mortgage interest rates are the costs homeowners pay to borrow money for buying homes and they can be fixed or adjustable. You’ll often hear people talk about mortgage interest rates during the house ...

Most homebuyers and homeowners hoping to refinance are well aware that mortgage interest rates are far from the lows that were readily available in 2020 and 2021. What some buyers and owners may not ...

When you apply for a bank account or financing, the interest rate you receive can give you a sense of how much you’ll earn in returns — or pay to borrow money. However, not all interest rates work the ...