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Mortgage Rates

4 Ways Interest Rate Increases Will Affect Your Finances

Submitted by The Blueprint 360 | Financial Clarity Within Reach on November 25th, 2022

Many forces affect our financial health: some within our control, and others outside it (like interest rates set by the United States Federal Reserve System). As interest rates are raised to combat inflation, you'll begin feeling it on larger purchases like cars, furniture, and home expenses. Though these rates aren’t in your control, you can prepare for the changes they bring.

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