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2. OK, so there was an interest rate cut. What do I do now? - AOL

   www.aol.com/news/ok-interest-rate-cut-now...

   For example, if your credit standing nabs you an offer for a 12%-rate consolidation loan from a bank or credit union, you could use that to pay off a 20%-rate card for “massive savings,” Lake ...

3. How much will a business loan cost? - AOL

   www.aol.com/finance/much-business-loan-cost...

   The total interest you pay also depends on how long you take to repay the business loan. In the above example of a $150,000 loan and 8 percent APR, you’d pay $32,487.55 in interest if you pay it ...

4. Savings interest rates today: Ride high rates of up to 5.33% ...

   www.aol.com/finance/savings-interest-rates-today...

   At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...

5. Federal Reserve is set to cut interest rates for the first ...

   lite.aol.com/pf/story/0001/20240918/0283bc6f92e9...

   The average 30-year mortgage rate, for example, dropped to 6.2% last week — the lowest level in about 18 months and down from a peak of nearly 7.8%, according to the mortgage giant Freddie Mac. Other rates, like the yield on the five-year Treasury note, which influences auto loan rates, have also tumbled. 09/18/2024 09:26 -0400

6. The Fed cut rates by half-point: What to know - AOL

   www.aol.com/finance/fed-cut-rates-half-point...

   The Federal Reserve cut interest rates for the ... end of 2024 before declining further to 2.1% in 2025 and 2% in 2026 and 2027. ... things like mortgages and auto loans because those rates ...

7. Factor rate vs. interest rate for business loans - AOL

   www.aol.com/finance/factor-rate-vs-interest-rate...

   Multiply by 100 to find the interest rate. For example, if you have a $25,000 loan with a factor rate of 1.25 and an expected repayment term of 180 days, the calculation would look like this: 1.25 ...