What higher finance charge rates mean for your borrowing cards, car loans, mortgages, and investments



property loan rates have climbed to a four-month high, surpassing the 7% threshold. As the Federal Reserve maintains a higher-for-longer finance charge rate stance with inflation data suggesting no imminent easing, Yahoo financial Fed Reporter Jennifer Schonberger dissects the ramifications for the housing industry, borrowing cards, car loans, and your investments.
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