The Fed’s decision to keep rates unchanged still has far-reaching implications for almost all forms of borrowing as well as the returns on a savings account.

Fannie Mae: Revises mortgage rate forecast downward despite uncertainty ... Over 40% of U.S. mortgages were originated in 2020 and 2021, when interest rates were at record lows.

Inflation slowed dramatically in March, even though Trump had warned he'd be imposing additional tariffs.

Core inflation has edged back into the Reserve Bank’s target band and economists say an interest rate cut remains likely.