Low interest rates impact finances in different ways: good for borrowers, tough on savers and income investors.
The theory is that low interest rates stimulate the economy, encouraging companies and consumers to borrow, spend, and expand.
Here's what you need to know to make the most of low interest rates.
How to benefit from low interest ratesThere are several key moves you to make when interest rates are low or falling — to take advantage of "money being cheaper," as the financial pros like to say.
You can consider a low interest credit card with a favorable ongoing interest rate or a balance transfer credit card.
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