Why Bond Yields and Mortgage Rates Aren’t Budging
As the Fed announces more and more rate cuts, you would assume mortgages rates and treasury yields would drop, but that hasn’t been the case lately.
Understanding How Interest Rates Change Over Time
In recent months, the Fed has opted against lowering interest rates further. So, how can mortgage rates, credit card rates, and interest rates offered by banks on savings accounts and CDs increase now?
How higher rates can be good for your money
Higher interest rates have many consequences - but they aren’t all negative. Here are a few good options for your money now that rates are significantly higher than their pandemic lows.