When interest rates rise, borrowing costs for consumers increase, leading to higher mortgage and credit card rates.

Authors

• Person: Not available Organization: OnPoint Community Credit Union
  The Impact of Global Economic Trends on Personal Investments

Sources

• The Impact of Global Economic Trends on Personal Investments www.onpointcu.com OnPoint Community Credit Union via serper

Referenced by nodes (3)

• consumers concept
• borrowing costs concept
• interest rates concept