Interest Rates are Rising. That’s O.K. – NYTimes

by Neil Irwin
NYTimes SundayBusiness 10/14/2018

The cost to borrow money is on the rise. That is bad news for home buyers and other prospective borrowers. It helped cause a stock market sell-off on Wednesday and Thursday, and prompted President Trump to say that the Federal Reserve has “gone crazy.”

But it amounts to good news for the long-term direction of the economy.
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Cliff Daniels
Realtor
Active Properties
Boulder Colorado
720 434 1418
cliff@actprop.com