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. Interest Rates, Student Loans, Mortgages, Credit and Debt, Credit Cards, United States Economy, Home Equity Loans, Automobile Financing, Inflation (Economics), Money Market Accounts, Personal Finances 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. NYT > Business