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WAYNE COUNTY DAY NEWS
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09/25/2026 · Wayne County

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Federal Reserve Rate Hike Impacts Mortgages, Savings, and Credit Cards

The Federal Reserve increased its benchmark interest rate on September 16, 2026. This action marks the first rate hike since 2023. Financial professional Bobby Garon offered insights into how the decision affects various aspects of personal finance.

09/26/2026
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Business

BLM Accepts Plan for Tonopah Flats Lithium Project

The U.S. Bureau of Land Management has accepted a Plan of Operations for the Tonopah Flats Lithium Project in Nevada. This move advances the permitting process for a significant domestic lithium resource, according to project developers.

09/25/2026

Business

Federal Reserve Officials Discuss Economic Outlook, Policy Tools at July Meeting

Federal Reserve officials evaluated current economic conditions, including inflation and employment trends, during their July meeting. They discussed the appropriate path for the federal funds rate and the ongoing reduction of the Fed's securities holdings.

09/25/2026

Business

Charleston Leads Nation in New Home Construction Appeal, Report Finds

Charleston, South Carolina, ranks first among U.S. metros for new construction home purchases. New home listing prices in Charleston are 12.2% lower than existing homes. Southern markets secured eight of the top ten positions in the report.

09/25/2026

Business

Mortgage Rates Decline for Second Consecutive Week

Freddie Mac's latest survey shows the average 30-year fixed-rate mortgage decreased to 6.65%. This marks the second consecutive weekly decline. The organization released its Primary Mortgage Market Survey results on Wednesday.

09/25/2026

Business

Cash Purchases Decline in Early 2026 Housing Market

Cash purchases accounted for 31.4% of home sales in early 2026. This decline reflects a shift as improving market conditions allowed more buyers to secure financing.

09/25/2026

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