how fed rate hike affects savers
Interest Rates vs Mortgages - Hidden Winners?
Interest Rates vs Mortgages - Hidden Winners? The Fed’s 0.25% rate hike instantly created both winners and losers across savings and mortgages, and the split-screen reality is anything but obvious. In the hours after the announcement, tier-ed savers saw APY jumps while first-time buyers chased lower 30-year rates,