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Are the interest rates of a CD likely to go up in the next few months?
Yes, the interest rates will most likely go up due to the economy
How beneficial are CD interest rates?
What is beneficial about CD interest rates is that they are constant for the specified period of time. Sometimes interest rates can go up or down but CD interest rates would stay the same.
What closed end funds or ETF go up as interest rates go up?
TBT
What are the interest rates used by the IRA?
There are many different interest rates used by the IRA. Most IRA rates are around 2% and can go up to somewhere around 5%. IRA interest rates can always change.
What is the pattern of mortgage interest rates?
Right now interest rates are falling to all time lows. They will eventually go back up, but for right now they are low and continuing to fall.
Are the interest rates of a CD likely to go up in the next few months?
Yes, the interest rates will most likely go up due to the economy
How beneficial are CD interest rates?
What is beneficial about CD interest rates is that they are constant for the specified period of time. Sometimes interest rates can go up or down but CD interest rates would stay the same.
Why would interest rates go up if inflation is high?
no
What closed end funds or ETF go up as interest rates go up?
TBT
What are the interest rates used by the IRA?
There are many different interest rates used by the IRA. Most IRA rates are around 2% and can go up to somewhere around 5%. IRA interest rates can always change.
What happens to consumer and businesses spending when the interest rates go up?
They both increase
How does inflation affect interest rates?
if an interest rate is high, it is likely that inflation is also high. Generally, one doesn't affect the other so much as measure the other.
What is the pattern of mortgage interest rates?
Right now interest rates are falling to all time lows. They will eventually go back up, but for right now they are low and continuing to fall.
Where do the US interest rates rate when it comes to foreign exchange?
The U.S interest rates rate high when it comes to foreign exchange, because we do a lot of trading with other countries, which makes our rates go up a lot higher.
What role do banks play in determining credit card interest rates?
The bank that supplies the credit card can determine the interest rate they will charge. Rates can go up and down depending on the borrower.
Do fixed bonds have higher rates than bonds with fluctuating interest?
Fixed bonds don't necessarily have higher rates than bonds with fluctuating interest. An interesting feature of bonds is that their rates tend to go down as interest rates in general go up. A fixed rate bond will yield the same return no matter what the economy does, but a fluctuating interest bond's rate could go up if the general interest rate goes down or vice versa. So really, the important determining factor of which type of bond performs better is the economy in general.
What are the disadvantages of a variable interest rate mortgage?
A variable interest rate mortgage is one where the amount of interest being charged may change during the course of the mortgage depending on the current interest rates, but the usually monthly payment remain the same. The disadvantages of this type of mortgage is that if interest rates go up more of the monthly payment goes towards paying the interest instead of the principal, taking longer to pay off the mortgage. If rates go to high, the monthly mortgage payment may go up, this is rare however.
