If balances get out of hand with rates like that, it is easy to see how the debt service could reach «crushing» levels. (debtconsolidation.com)
Though the federal funds rate is directly linked to short - term interest rates, long - term interest rates like mortgages are likely to experience an uptick, as well. (blog.compmort.com)
There are also some «hybrid» policies on the market that provide low rates like term coverage, but will guarantee your coverage into your 90's or beyond. (termlifeadvice.com)