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Here's what the Federal Reserve's interest rate hike means for your mortgage
ResumeAfter a brief pause in June, the Federal Reserve announced Wednesday that it would raise interest rates a quarter of a percentage. That pushes the overall rate to a 22-year high.
We talk to Roben Farzad, host of public radio's "Full Disclosure," about what another rate hike means for Americans.
This segment aired on July 27, 2023.