2min chapter

Life Kit: Money cover image

Interest rates just dropped — how does that impact you?

Life Kit: Money

CHAPTER

Navigating the Impact of Lower Interest Rates on Mortgages and Savings

This chapter explores how recent interest rate reductions affect homeowners, especially those who bought homes when rates were high. It highlights opportunities for refinancing, the impact on loans, and discusses the appeal of high-yield savings accounts and CDs as savings options.

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