Record low-interest mortgages are long gone. Credit card rates will likely rise. You'll pay more for an auto loan. Here are some of the most common questions being asked about the impacts of the rate hike announced Wednesday.

WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return. The unusually large t hree-quarter point hike in its benchmark short-term rate that the Federal Reserve announced Wednesday won't, by itself, have a huge effect on most Americans’ finances.