Archive for December 21st, 2018

Alert: About the recent increase in interest rates…

December 21, 2018

Like most investors, I’ve started paying closer attention to interest rates.

The initial motivation: came this summer via 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.

Now, with the Fed “normalizing” interest rates, i.e. jacking rates up, I’m on full alert.


Source

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

(more…)

Posted in Budget - Deficit, Government budget & spending, Household budgets, Interest rates | 1 Comment »