Interest rates for 30-year fixed-rate mortgages have jumped from an average low of 3% to about 6% in the last year alone. Because of those rate hikes, mortgage costs have shot up by a median increase of 49%. This has resulted in potential homebuyers being able to afford less on the ...
threw the government at low interest rates. The money parents had set aside for theirchildren’s education can be invested some where else, at higher interestrates. Then, when the student loanbecame due, parents can pay it off with the money they had set aside—to pocket thedifference in ...