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

Sean Messier is a personal finance writer with a focus on credit. He’s written for Credit Card Insider, plus several other national and global brands. Tfilm / Getty Images The Federal Reserve cut its federal funds rate in September 2025—the first time ...

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 rate mortgage dropped to 6.27% as of Oct. 16 from a high ...

Transfer your balance or negotiate your credit card interest rate. Dec. 6, 2011— -- After successfully shaming banks into giving up debit card fees, now grass roots groups are urging consumers to switch out of high-interest credit cards. They're ...