interest rates rising

Interest rates are rising — here’s what it means for your money — Photo by Monstera Production on Pexels

5 Secrets First‑Time Buyers Ignore About Rising Interest Rates

First-time buyers can still walk into a new home and pay the lowest net amount over the loan’s life by picking the right mortgage term, even as interest rates surge. In the first quarter of 2024, the average 30-year mortgage rate rose 0.75 percentage points, pushing monthly payments