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Fed Cuts Interest Rate by a Quarter Point
The Fed cut rates again — but don’t expect your credit-card APR to get much lower anytime soon. Here’s why.
Interest-rate cuts are supposed to lower borrowing costs, but that’s not necessarily happening for credit-card users.
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
The Fed has delivered another interest rate cut, but unfortunately for homebuyers, it won't mean imminent relief for mortgage rates. As expected, the Federal Reserve cut its overnight policy rate by 0.
Today's Mortgage Rates | Rates Jumped Following This Week's Fed Cut
These are today's mortgage and refinance rates. Mortgage rates are higher following the latest Fed meeting, and they may not drop as much next year.
2d
This Week In Credit Card News: So Many Retail Credit Cards Rip Off Consumers
Despite Fed Cuts, Many Store Credit Cards Are Still Charging Customers Extreme Interest Rates ...
1d
Credit card giants’ profit margins exceed 50% amidst American debt crisis
Credit card giants Visa and Mastercard are facing scrutiny for imposing higher fees on small businesses while posting record ...
CNET on MSN
2d
Inflation Could Be Reducing the Value of Your Credit Card Rewards. Here's What to Do
People who redeem their rewards quickly tend to get the most value overall due to inflation and rewards program devaluations.
2d
on MSN
5 moves to make if you've racked up credit card debt this holiday season
Holiday credit card bills hit differently for many this year. With record-high credit card interest rates and compounding ...
3d
Credit Card Rewards Are A Hidden Subsidy. AI Will Change This.
As far as I can tell, most card issuers have no strategy for consumers becoming an order of magnitude smarter overnight. This ...
1d
on MSN
'Treadmill of debt': Consumer protection head sounds off on credit card companies' practices
Consumer Financial Protection Bureau Director Rohit Chopra tells Yahoo Finance that the high interest rates charged by credit ...
1h
SC ruling decoded: Banks can charge you more for late credit card payments
With the removal of the 30% cap, banks and financial institutions may have more flexibility in setting interest rates on late ...
3h
Boost your credit card rewards this holiday with a few extra clicks
Open a credit card Many credit cards offer sign-up bonuses in the form of points or cash when you open a card. The catch: To ...
2d
The CFPB released a new credit card comparison tool. Will it actually help consumers?
The Consumer Financial Protection Bureau (CFPB) released its new Explore Credit Cards tool this week, intended to allow ...
6d
If You Could Only Have One Credit Card, Which One Should It Be?
If the idea of juggling multiple credit cards is stressful, sticking with one may be the way to go, but choosing that ...
NerdWallet on MSN
6d
Activating Your Credit Card? Don’t Skip the Mobile Wallet Step
It's becoming an essential part of credit card use and management, and not just because of the potential for bonus rewards ...
1d
on MSN
‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
Dear Quentin, My husband has a parent PLUS Loan debt for his daughter from his first marriage, totaling several thousand ...
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