Edmunds: How to Mitigate Rising Auto Loan Rates – Spectrum News | CarTailz

The Federal Reserve released its last rate hike in early November. It’s the fourth hike this year and has pushed financing rates on new auto loans to their highest levels since 2019. Interest rates for used cars have also reached their highest level since 2010. This will affect car buyers this holiday season and into … Read more

How steep rate hikes are affecting your finances – Spectrum News 1 | CarTailz

NEW YORK (AP) — Mortgage rates continue to rise, home sales are plummeting, and credit card and auto loans are on the rise. Savings interest, however, is a bit juicier. With the Federal Reserve steadily raising interest rates, many economists fear a recession remains inevitable in the coming months – and with it job losses … Read more

How steep rate hikes are affecting your finances – Spectrum News | CarTailz

NEW YORK (AP) — Mortgage rates continue to rise, home sales are plummeting, and credit card and auto loans are on the rise. Savings interest, however, is a bit juicier. With the Federal Reserve steadily raising interest rates, many economists fear a recession remains inevitable in the coming months – and with it job losses … Read more

How the Fed’s steep rate hikes will affect your finances – Spectrum News | CarTailz

NEW YORK (AP) — Mortgage rates have skyrocketed, home sales have plummeted, and credit card and auto loans have become more expensive. Savings interest, however, is a bit juicier. With the Federal Reserve quickly raising interest rates, many economists fear a recession is inevitable in the coming months — and with it job losses that … Read more