The mortgage rates are rising because prime lending rates are rising. When money to lend is scarce, it becomes more expensive to borrow.
Currently, as of July 5, the average going rate for a fixed 30 year mortgage is resting at 4.68 percent. The rate has been rising for numerous weeks and shows no signs of stopping.
The 3 most important advantages of Mortgage are: 1. The client does not have to come up with the full amount for the price of the house and hence is able to buy the house sooner. 2. Getting the money at a considerable low interest rates. 3. As you pay your mortgage, you are paying off your debt and hence increasing your home equity and if you are in area where the property prices are rising, you get the advantage of property appreciation!
Right now, mortgage rates appear to be rising slightly. This can change on an almost daily basis however. The economy just will not support steep rises right now.
This is a pretty open ended question. I'll answer it from the perspective of investing. Rising interest rates directly impact bond performance. Generally speaking, if interest rates rise the value of bond investments fall. Not all bond investments have the same sensitivity to changes in interest rates, but most have at least some. Longer bonds tend to be more sensitive to interest rate changes than shorter bonds, and credit sensitive bonds like corporate bonds tend to be less sensitive to changes in interest rates. As far as actions to take when interest rates rise goes, it really depends on the investors situation. If an investor isn't comfortable the level of volatility that they are experiencing, then a change in the strategy may be needed. Unfortunately, prices have already fallen, so having to change strategy after a period of rising interest rates goes against the strategy of buying low and selling high, but interest rates could keep rising so it's important to consider your risk tolerance going forward. Higher interest rates can also have an effect on stock prices. As the interest rates rise, the cost of borrowing for companies goes up and eats into earnings. Sometimes those higher costs can be passed along to customers, but often times they can't. Rising interest rates often cause pullbacks of 10-20% and can even cause minor recessions. The effect on stocks could be exasperated by the extremely low levels of interest rates currently in the market.
Mortgage protection services are a great way to protect the mortgage taker from rising interest rates. Especially people with large mortgage loans might be interested in protection as the interest rates play large part of the payments.
down is falling rising is up
down is falling rising is up
i.e symbol to rising and falling intonation
Rising intonation is used before the climax and falling intonation is used after the climax. Rising intonation Did you turn it on? Falling intonation How was your day?
The mortgage rates are rising because prime lending rates are rising. When money to lend is scarce, it becomes more expensive to borrow.
Rising.
it is rising
Yes, falling action occurs after the rising action in a typical plot structure. Rising action builds tension and develops the story, leading to the climax, while falling action follows the climax and shows the aftermath of the main conflict being resolved.
A line to stress rising and falling intonation would be called pitch.
A person who studies reasons for rising and falling populations is a Demographer
the rising action is what takes you to the climax of the story and the falling actions is what is after the climax.