Interest rates have remained at historic lows for years, making it a great time to borrow money. However, in an effort to slow inflation, the Federal Reserve has raised rates three times so far this year. Here’s what you need to know.
Interest rates have remained at historic lows for years, making it a great time to borrow money. However, in an effort to slow inflation, the Federal Reserve has raised rates three times so far this year. Here’s what you need to know.