How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt. [Source]
Publication Date:Origin: nytimes.com
Category: Interest Rates
Topics: rates, forms, loans, equity, cards, credit, bills, reduce, would, falling, borrowers, those, benefit, Higher, Cards, Credit, Mortgages, Influence, Rates
Source: https://www.nytimes.com/2024/06/12/business/fed-rates-mortgages-credit-cards-student-loans.html