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

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The New York Times - 1d

Trump’s Tariffs Scramble Fed’s Interest Rate Calculus

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.

The New York Times - 1d

Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts

‘This is one of the worst rate-cutting cycles ever for consumers,’ says one expert

MarketWatch - 6h

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 - 1d

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 - 1d

Mortgage demand drops further, even as interest rates settle

Mortgage rates didn’t move last week, but demand for new home loans continued to weaken.

NBC News - 1d

Mortgage demand drops further, even as interest rates settle

Mortgage rates didn't move last week, but demand for new home loans continued to weaken.

CNBC - 1d

Will the Fed respond to Trump’s call on interest rates?

Market Questions is the FT’s guide to the week ahead

Financial Times - 4d

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

Trump promised to lower housing costs. Mortgage rates stand in the way.

The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.

MarketWatch - 6d

How will CD interest rates be impacted by the January Fed meeting?

Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.

CBS News - Jan. 23

What is the credit card debt collection process?

Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.

CBS News - Jan. 23

Mortgage rates aren't likely to fall any time soon — here’s why

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.

CNBC - Jan. 21

How do you prove a credit card debt is uncollectible?

Proving that your old credit card debt is uncollectible could save you a lot of hassle — and a lot of money.

CBS News - Jan. 21

Is a HELOC better than a credit card in 2025?

A HELOC could be better than a credit card this year, thanks to these three big reasons.

CBS News - Jan. 16

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

Will mortgage rates fall below 6% in 2025? What experts say

Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.

CBS News - Jan. 13

Denver Broncos vs. Buffalo Bills AFC Wild Card game: How to watch, kickoff time and more

The Broncos play the Bills this Sunday afternoon. Here's everything you need to know about how to watch the game on Wild Card Weekend.

Yahoo Sports - Jan. 12

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.

Rates were supposed to go down — but a strong U.S. economy is getting in the way.

MarketWatch - Jan. 11

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - Jan. 10

Pittsburgh Steelers vs. Baltimore Ravens AFC Wild Card game: How to watch, kickoff time and more

The Ravens vs. Steelers Wild Card game is Saturday night. Here's everything you need to know about how to watch Wild Card Weekend.

Yahoo Sports - Jan. 10

The Fed Is in No Rush to Cut Rates

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

The New York Times - Jan. 10

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

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The New York Times - Jan. 9

5 ways to save on your mortgage payments this January, according to experts

Saving on mortgage payments could help you start the new year strong. Here's how to get started.

CBS News - Jan. 9

How to pay less interest on credit card debt in 2025

There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.

CBS News - Jan. 9

Rate-Cut Decision Was Narrow, Fed Minutes Show

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.

The New York Times - Jan. 8

What factors drive mortgage loan interest rates?

The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.

CBS News - Jan. 8

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

Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.

MarketWatch - Jan. 8

Mortgage rates hit highest level since July, crushing application demand

Total mortgage application volume dropped 3.7% compared with the previous week.

CNBC - Jan. 8

Here's where mortgage rates could be headed in 2025

Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.

The Hill - Jan. 8

Can I qualify for credit card debt forgiveness with a low credit score?

A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?

CBS News - Jan. 7

7 ways to get a lower mortgage rate in 2025

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

CBS News - Jan. 6

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

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - Jan. 4

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