Though the typical car payment has reached its highest levels since 2012, any Fed increase isn’t expected to make a meaningful difference — at least not yet.“Car loan rates will move up as the Fed hikes interest rates, but it will be a nonissue for car buyers because it has such a limited impact on monthly payments,” said Mr. McBride, adding that the difference of a quarter percentage point on a $25,000 loan is $3 a month. “Nobody will need to downsize from the S.U.V. to the compact because of rising rates,” he said.Savings Accounts, C.D.s and MoreMany people stashed extra money in their bank accounts over the past couple of years, but whether rate increases translate into a more attractive yield depends on the type of account you have and the institution …
