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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

Changes in inflation and unemployment rates tend to put pressure on interest rates. The global economy. The nation’s central bank attempts to guide the economy with the twin goals of encouraging job growth while keeping inflation under control. Forces you can’t control: The U.S. Good news may push rates higher.

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Your Diploma Guarantees You Nothing

Prairie Eco-Thrifter

I graduated from college in 2008 with a degree in Finance. Banks were closing and businesses were struggling (some still are). Here is the recent trend: students are ready to graduate and earn their Bachelors Degree, but since the economy still looks questionable, they decide that they’ll stay in school until it comes back around.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

In addition, real estate is typically funded with high levels of debt financing, making it more susceptible to any economic downturn. Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens.

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