How Fed hike will affect US consumers and overseas economies
Story Date: 6/16/2017

 

Source: WRAL, 6/15/17

Credit card holders will soon pay more. So will people with adjustable-rate mortgages or home equity lines of credit.
But most would-be home buyers needn't worry. And auto loan rates won't likely change much. For savers? Rates should creep up, at least for the highest-yielding CDs and saving accounts, though on average they'll still pay a pittance.

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