Ireland

WeeklyBasis 12/4: Why Rates Are Up .625%. What Now?

Three weeks ago, this report said “perhaps it’s early to ring alarm bells when rates are still in the 4s” but here’s an update: December 3 rates were .625% higher than they were October 8, which means a borrower pays $184 more per month on a $500,000 loan. Consider the alarm bell sounded. Here’s why…