Why Your Loan Rates Keep Whiplashing

Ever notice how mortgage or loan rates seem to jump around lately? That’s because global governments are playing musical chairs with how they borrow money—sometimes choosing short-term IOUs, sometimes locking in for decades. This week, just a rumor about Japan and the UK cutting back on long-term borrowing sent rates tumbling. The takeaway: Expect more rate rollercoasters ahead, so if you see a good deal on a loan, don’t wait too long! #MoneyMoves #InterestRates #FinanceTips #Business