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. Banking and Financial Institutions, Interest Rates, Mortgages, Student Loans, Credit Cards, Automobile Financing, Federal Reserve System 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