They had previously forecast that interest rates would ... Any borrowers hoping for a return to the rock bottom interest rates of 2021 will likely be disappointed. On the flipside, savers will ...
They had previously forecast that interest rates would ... Any borrowers hoping for a return to the rock bottom interest rates of 2021 will likely be disappointed. On the flipside, savers will ...
For example, the 30-year mortgage rate stood at 6.7% as of March 2025 (and averaged 6.7% in 2024), a massive jump compared with the 3.0% average in 2021 ... our interest-rate forecast is centered ...
The Federal Reserve lowered interest rates in 2024, and is expected to cut rates again in 2025. High interest rates mean loans are more expensive but savers benefit. The best savings interest ...