Tag: how do higher interest rates aborad impact mortgage rat
Norway becomes first Euro country to raise rates
The WSJ reported today that Norway’s central bank has joined the central bank of Australia in raising their short-term interest rates. Clearly these two countries have navigated their way through the credit crisis better than others. So why should you care? When foreign countries raise interest rates they create higher yielding investment opportunities for investors [...]
Posted: October 28th, 2009 under Economics & Interest Rates.
Tags: foreign interest rates and US mortgage rates, how do higher interest rates aborad impact mortgage rat, other countries raise short-term rates
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