The Low-Down on Interest Rates

Financial data stock chart & quotes on PC screen.

The Low-Down on Interest Rates

  • Interest Rate = Money
    Interest rates represent money. Sometimes it’s money paid to you, sometimes it’s money you have to pay someone else.
  • Variable Interest Rates
    You want the flexibility of a variable interest rate when the prime rate is low.
  • Fixed Interest Rates
    You want to lock-in a fixed interest rate when the prime rate is on the rise.
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