Things feel grounded as families navigate the reality of borrowing costs staying higher for longer.

Today, the financial picture feels grounded this Columbus Day. CNBC reported the Fed's Beth Hammack signaled interest rates may need to go higher, as CBS News notes nearly 20% of households were late on debt in 2025. Over on r/FirstTimeHomeBuyer, people are weighing whether to stretch for an $800,000 house, keeping the broader outlook steady.