If you’ve been paying attention you know that interest rates have been on the rise, but Jerome Powell and the fed reserve have raised interest rates on a number of occasions over the last 18 months to two years and are likely to do it ahead this year. But there’s a double-edged sword. Interest rates on the rise? Terrible when you’re borrowing money for a house because you’re going to pay more interest. Maybe a little better if you’re saving money and that’s where Brad fills us in on the latest with interest rates right now.
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