HELOC rates could fall in 2026 if the Fed rate-cutting trend continues, but there are other possibilities, too.

The U.S. Federal Reserve is ending 2025 with a bang, delivering another rate cut for consumers amid an uncertain year for the economy.

The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank’s next steps.

In this economic environment, nearly anything could happen. Here's what to expect for mortgage refi rates next year.