Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.

With a fall rate cut looking likely now, households may finally get some relief from the sky-high borrowing costs — depending on a few key financial moves.

For prospective homebuyers, the market has already priced in the rate cut, and steep auto loans aren't expected to decline anytime soon, experts say.

Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.