Rates are Rising: What Now?

Everyone is saying interest rates are too high to buy cars or houses, but why are rates high and who decides the rates? In this episode we'll explain how to Federal Reserve sets interest rates and what impact those rates have on everyday life. <br /> Your MissionBe a lender, put your money in High Yield Savings Accounts and CDsAdjust your budget with current rates based on your new buying power Question any unnecessary loans that could be more difficult to get a return on How the Fed sets ratesWhy waiting for rates to go down could be badShould you wait for rates to drop?