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Credit card interest rate forecast for 2025: Rates will only fall a bit. Ted Rossman. January 1, 2025 at 9:01 PM ... Forecasted average credit card interest rate for the end of 2025: 19.80 percent.
New data from Freddie Mac shows the benchmark 30-year fixed-rate mortgage trending at its highest levels since July as of Friday, January 3, 2025, while average rates drift lower to end a week of ...
Powell and his colleagues said in December that they expect inflation to remain more elevated than previously thought — predicting it will end 2025 at 2.5% instead of a prior forecast of 2.2%.
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week ...
The Federal Reserve reduced interest rates by a quarter percentage point ... A rate hike in 2025 "doesn’t appear to be a likely outcome." ... 3% from the Fed's previous forecast of 4.4%. The ...
The Fed is scheduled to release an updated forecast on Dec. 18. ... whose team sees three interest rate cuts in 2025, said during a media roundtable on Nov. 21. ...