Long-term mortgage rates climb to 4.40 percent

As interests rates rise those who want more secure and stable income are going to start moving their long term investments into CDs and other instruments because 4% is an inflation average over the years. So, unless you are making at least 4% on your investments you are actually losing money because of inflation. You usually cannot break even at less than 4% yearly return on your investments.


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RatesLong-term mortgage rates climb to 4.40 percent