Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer ...
Hosted on MSN

Credit card debt forgiveness and Fed rate cuts: What borrowers should consider this fall

Interest rate cuts are looming again. After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank's next meetings in ...
USA Today

Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages

Mortgage rates have already edged down some to around 6.35% as of Sept. 11 from around 7% in January. Many consumers have been on the sidelines lately waiting for interest rates to drop before buying ...
Business Insider

What the Fed's interest-rate cut means for your wallet

The first interest-rate cut of the year is here, and it could eventually mean savings for Americans. The Fed meeting follows soft job growth, rising unemployment, and increasing inflation rates. A ...
WPBF

Consumer Reports: Make the most of interest rate cuts

IF YOU HAVE CREDIT CARDS, LOANS AND A SAVINGS ACCOUNT, THE RECENT CUT BY THE FEDERAL RESERVE ON SHORT TERM INTEREST RATES LIKELY IMPACTS YOU. CONSUMER REPORTS BREAKS DOWN THE CHANGES YOU MIGHT SEE ON ...
Detroit Free Press

Fed cuts interest rates again: What's next for mortgages, credit cards

Forecasts vary for how many more times the Fed could cut interest rates in 2026. Some say one, two or even three more rate cuts ahead. Mortgage rates already have fallen as markets anticipated a Fed ...
Detroit Free Press

What will next Fed rate cut mean for mortgages, credit cards and car loans?

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...