The Fed’s quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit rates.
This article was originally published at https://www.cnbc.com/2026/09/16/fed-rate-hike-consumer-borrowing-and-savings-rates.html.
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The month of October still has plenty of variables that can be a problem for rates
Net new orders fell 6.7% and gross margin slid to 22.7% as incentives and land costs pressured returns