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"The demand for Treasurys has mushroomed," said Carl Tannenbaum, chief economist at Northern Trust.The rate the Fed controls is only one factor among many that can influence longer-term borrowing غير مجاز مي باشدts. And that, in turn, is intended to prod banks to boost certain other rates..Many analysts expect the Fed to gradually raise its short-term rate by a total of 1 percentage point by the end of 2016."All those reasons people buy houses remain the same, whether mortgage rates are 4 percent or 4.Other trends are also working in consumers' favor: Gas prices are still falling, and there are signs that paychecks are finally starting to rise after years of sluggish growth. and foreign investors - and by many foreign governments, such as China - help keep those yields low.. Auto-loan غير مجاز مي باشدts may rise as well, economists said, though not as fast as the short-term rate the Fed controls.The rates that most people pay for mortgages, auto loans or college tuition aren't expected to jump anytime soon.To put that in perspective, before the Great Recession the 30-year fixed mortgage rate never fell below even 5 percent. He has seen mortgage rates rise by a quarter-point since he started looking in August."And most people buy homes for reasons that have little to do with a slight rise or fall in mortgage rates, McBride said.S.

"What that means is that for any given monetary policy, interest rates are still going to be lower than they would have been 10 or 15 years ago. Rates on credit cards and home equity loans and credit lines, for example, will most likely rise, though probably only slightly. Washington: For anyone considering whether to buy a home or car, the Federal Reserve's interest rate increase on Wednesday shouldn't make much difference."Mortgage rates tend to move in sync with the yield on 10-year Treasury notes."The interest rate impact on the typical household from a quarter percentage point move is almost inconsequential," he said.

"Lewandowski's outlook, if typical of prospective homeowners, is one reason many economists think home sales may rise next year even if mortgage rates tick up.Still, the Fed's move to lift its key rate by a quarter-percentage point will raise short-term borrowing غير مجاز مي باشدts for banks.Also, Americans with adjustable-rate mortgages will probably face a higher rate at the date of their next adjustment. But remember, we have very low rates, and we've made a very small move."The Fed's decision to raise rates is in many ways a healthy sign: It's a vote of confidence that the economy, 6 years after the Great Recession officially ended, can finally withstand higher borrowing غير مجاز مي باشدts and keep growing at an acceptable pace.25 percent," McBride said.The most visible effects of the Fed increases will probably be in short-term borrowing. Those rates are tied to banks' prime rate, which responds quickly to the Fed's changes. And the Fed made clear it will assess the economy's health before raising rates further.com, calculates that for a ,000, five-year car loan, a one-quarter percentage point increase would boost monthly payments by precisely ."I didn't want rates to jump up significantly," he said, "but I wasn't willing to settle on a place just to get a lower interest rate.

The increases could appear as soon as one or two months after the Fed's action. "Most people won't even notice. The Fed's benchmark interest rate has limited influence on those things. Auto-loan rates typically follow the yield on two-year Treasurys. They tend to buy when they feel financially secure or experience a major life change, such as having children. might move up slightly."These things are good for the consumer and will easily outweigh the impact of a rate increase," said Chris Christopher, an economist at forecasting firm IHS Global Insight. Rates for credit cards and home equity lines of credit should rise, typically by the same amount as the Fed's increase.Even with a rate increase, most economists expect consumer spending to stay heathy and solid hiring to continue, perhaps even driving unemployment even further below its current low level of 5 percent.."Loans that are linked to longer-term interest rates are unlikely to move very much," Fed Chair Janet Yellen said at a news conference. When inflation remains as low as it is now, Treasury notes, with their Custom sign Factory modest returns, are considered a safe and decent investment. Should the economy stumble, the Fed could postpone further rate increases.5 percent. If so, Frank Nothaft, chief economist at CoreLogic, forecasts that the average 30-year fixed mortgage would rise from roughly 4 percent to about 4. And heavy purchases of Treasurys by U.Last month, Doug Lewandowski moved up the closing date on his purchase of a two-bedroom Chicago condo so that he could lock in his rate.Greg McBride, chief financial analyst at Bankrate. "Credit card rates .The Fed's benchmark interest rate has limited influence on those things. Still, the timing of the Fed's move wasn't a big factor in his decision