When Do Interest Rates Matter? (Official ●)
The truth is, interest rates are the "price of money." When that price changes, the ripples felt in your wallet can be massive. So, when do they actually matter to you? 1. When You’re Ready to Buy a Home
They raise rates to "cool" things down by making borrowing expensive, which slows spending. When Do Interest Rates Matter?
They lower rates to "heat" things up, encouraging people to spend and businesses to invest. The Bottom Line The truth is, interest rates are the "price of money