May 30, 2024
Mortgage

What high interest rates mean for paying down your mortgage

According to Freddie Mac, the average 30-year fixed mortgage rate is holding steady above 7%. When interest rates are high, some borrowers may choose to pay down the interest portion of their monthly payments, but that also comes with risks. Bankrate Chief Financial Analyst Greg McBride joins Wealth! to give insight into what high interest

Read More