How latest interest rate hike will affect credit cards, mortgages, car loans

Name: How latest interest rate hike will affect credit cards, mortgages, car loans
Uploaded: 2022-09-22T22:22:00Z
Duration: 2 min 37 s
Description: This week, the Fed raised interest rates for a 5th time this year to fight inflation up another three-quarters of a point. That means credit cards, mortgages and car loans are about to cost you more.

This week, the Fed raised interest rates for a 5th time this year to fight inflation up another three-quarters of a point. That means credit cards, mortgages and car loans are about to cost you more.

By Heather Sullivan

Posted September 22, 2022 5:22pm CDT

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