Houston Live & Local

Name: Interest rate hike: What spenders, homebuyers should know
Uploaded: 2026-09-16T21:59:11.000Z
Description: The Federal Reserve raised its benchmark interest rate by 3.75% to 4.00%, creating challenges for borrowers. FOX 26's Coco Dominguez spoke to Houston business professor Dietrich Von Biedenfeld and FOX's Olivianna Calmes about what borrowers and homebuyers should know about the new rate.

Interest rate hike: What spenders, homebuyers should know

Published Wednesday, Sep. 16

The Federal Reserve raised its benchmark interest rate by 3.75% to 4.00%, creating challenges for borrowers. FOX 26's Coco Dominguez spoke to Houston business professor Dietrich Von Biedenfeld and FOX's Olivianna Calmes about what borrowers and homebuyers should know about the new rate.