The Federal Reserve recently raised interest rates for the first time since its rate-cutting cycle began in 2024. But does that mean your mortgage rate, credit card rate, and other borrowing costs are all going up too?
Not necessarily.
In this month’s video, Todd breaks down why the Fed changed course, which interest rates are most directly affected, and why different borrowers—from homeowners to businesses—can feel the impact very differently.
▶️ Watch the video below for a quick breakdown of what the Fed’s latest move could mean for you.
