The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.

One in 5 U.S. families hold student loan debt in the U.S., according to recent data from the Federal Reserve Survey of Consumer Finances and those families are hoping that long term debt will go away very soon.

Even with home prices skyrocketing and low inventory, a recent Lending Tree study found Florida is one of the top states with the highest vacancy rates. While realtors and economists said this may seem shocking, knowing that information can help homebuyers make better decisions.