Saturday, August 17, 2013

Good and bad of rising rates


4 good things about rising rates — and 4 bad (© Rafael Campillo/age/Superstock)
© Rafael Campillo/age/Superstock

4 good things about rising interest rates — and 4 bad

By Stephen Cook of HSH.com

Mortgage rates crept up more than 1% from May to July. But are higher mortgage rates really so terrible? Is there a silver lining or two?
Here are four benefits and four concerns about rising mortgage rates.

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