How Fed Rates Influence Mortgages, Credit Cards, Savings and More

• Mortgage rates are stuck at 7% as Fed holds steady on interest rates

  Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.
  
  MarketWatch - 18h

• Is the Fed interest rate pause good for mortgage rates?

  The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?
  
  CBS News - 20h

• Couple balances 15 credit cards with no debt—it's helped them save nearly $500,000, but expert warns the strategy 'isn't for everyone'

  A military couple uses 15 credit cards to maximizes rewards while carefully avoiding debt by never carrying a balance.
  
  CNBC - 5d

• Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

  The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.
  
  CNBC - Jan. 16

• Why two Fed officials doubt the need for many more rate cuts

  One official warned that “progress on inflation could continue to stall.”
  
  MarketWatch - Jan. 9
• 

  Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

  After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
  
  Inc. - Jan. 8
• 

  How hidden credit card fees impact consumers and businesses

  The start of 2025 brought an increase in fees from the biggest credit card companies in the U.S. that may have you paying more the next time you swipe a card. NBC’s Vicky Nguyen reports for TODAY.
  
  NBC News - Jan. 4

• How much will a $10,000 credit card balance transfer cost?

  Planning to transfer $10,000 to a new card with a promotional rate? Here's how much the fees could cost you.
  
  CBS News - Jan. 3

• Where are mortgage, CD and credit card rates heading in 2025?

  The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.
  
  CBS News - Jan. 3

More from The New York Times

• 

  The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts

  The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.
  
  The New York Times - 15h
• 

  Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

  The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
  
  The New York Times - 16h
• 

  After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets

  Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
  
  The New York Times - 20h
• 

  Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace of Trump

  As Mark Zuckerberg and other tech titans have embraced President Trump and muffled internal dissent at their companies, their mostly left-leaning employees have objected with subtle acts of defiance.
  
  The New York Times - 23h
• 

  Sundance Made Park City the It Town. Now, It’s Moving.

  After holding the event for 40 years in the Utah ski town, organizers plan to take it elsewhere starting in 2027.
  
  The New York Times - 1d

More in Business

• Microsoft stock slumps 5% on disappointing revenue outlook

  Microsoft shares dropped 5% despite topping fiscal second-quarter estimates due to weak guidance.
  
  CNBC - 14m
• 

  ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

  Move comes after Fed keeps borrowing costs on hold
  
  Financial Times - 15m

• DeepSeek's AI claims have shaken the world — but not everyone's convinced

  DeepSeek claims its R1 outperforms OpenAI's latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.
  
  CNBC - 16m
• 

  The F.D.A. Upgraded a Recall of Some Lay’s Potato Chips. Here’s What to Know.

  The Food and Drug Administration is using its most severe notice in a recall of more than 6,000 bags of chips in two states because of “undeclared milk.”
  
  The New York Times - 19m

• Mastercard earnings set an upbeat tone for fintech stocks. These numbers stand out.

  Among the highlights from Mastercard’s report: A pickup in U.S. volumes and an encouraging outlook for the year.
  
  MarketWatch - 22m