Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

The association of Inflation to Interest Rates

What do you want of Mortgage Interest Rates Today ?.

Why ever do interest rates exist? Who in the world invented such a torturous tool that makes your introductory loan more high-priced than it beyond doubt was? After all, aren't we borrowing money for the straightforward fact that we are short of it? Heck, such opportunism beyond doubt can buy you an express ticket to the netherworld.

But are interest rates beyond doubt the work of the devil as some population say? Before we come to understand interest rates, we must first understand the factors that work on it. One of these factors is "inflation".

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