1 year, 4 months ago
When are interest rate going to go back down?
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$1 Answer
Interest rates are very low right now. Extremely low, actually, especially if you're talking about the interests rates banks are paying on interest-bearing accounts like savings accounts and CDs. And mortgage interest rates are as low as around 4.5%. So interest rates are much more likely to go UP from here, not down.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$Report Abuse