How Interest Rate Shifts in 2025 Could Impact Mortgages, Credit...

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2025-01-25 12:13:15 -

How Interest Rate Shifts in 2025 Could Impact Mortgages, Credit Cards, and Auto Loans

The Federal Reserve's decisions about interest rates in 2025 will have a big effect on how people handle their money. The Federal Reserve is likely to keep interest rates the same at its meeting in January and may lower rates a few times during the year. This means that the cost of borrowing money could go down for many important financial goods. Greg McBride, who is the chief financial analyst...

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