Archive for August 14th, 2018

About the recent spike in interest rates…

August 14, 2018

I’ve started paying closer attention to interest rates.

The motivation: my trusty mortgage ARM — which hovered around 3% for a decade or so — jumped to 4% last year and is being reset to 5% this year.

Ouch.

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That got me wondering about the the impact of rising rates on the Federal budget…

(more…)