Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

S&P 500 and Dow futures climbed on Wednesday, as investors assessed a fresh round of corporate earnings, while renewed optimism that the Federal Reserve will soon deliver long-awaited interest rate cuts kept markets buoyant.

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week.