Is it good to have a low interest rate 2024?
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Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
Mortgage interest rates are at historically low levels and have been for a long time. Low interest rates are good for borrowers because it means that it costs less for them to borrow. But low interest rates are bad for savers because it means that they earn a lower return on their savings.
2023-05-13 11:14:55
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Alexander Wright
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Mortgage interest rates are at historically low levels and have been for a long time. Low interest rates are good for borrowers because it means that it costs less for them to borrow. But low interest rates are bad for savers because it means that they earn a lower return on their savings.