The Federal Reserve cut interest rates by 0.25% on December 18, but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.

The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What could this mean for future mortgage rates?

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers.

Interest-rate cuts are supposed to lower borrowing costs, but that’s not necessarily happening for credit-card users.

The best CD rates didn't just hold firm this week—some even improved. That means you can still snag as much as 5.50% for a short term or in the mid-4% range for longer.

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages, and other forms of borrowing by consumers and businesses.

The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of inflation pressures, despite an uptick in the inflation rate over the last few months.

Average 30-year mortgages have climbed to around 6.7% since the Fed started lowering rates in September. And they are only poised to rise further.

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.