While this deal has been discussed for several years, Kevin Manning, an analyst at BMO Capital Markets, says the purchase was made now because of
worries over rising interest rates.
Not exact matches
A recent Fidelity poll of financial advisors found that their biggest
worry right now is
rising interest rates over all else.
As new Fed chair Jerome Powell takes
over from Janet Yellen this month, should the industry
worry about
rising interest rates?
If the mortgage is started at a time when the
rates are very low, the debtor has the advantage of paying the same
rates over a long period without having to
worry about the
rise in the
interest rate over the years.
As the Fed continues to normalize monetary policy after a protracted period of artificially low
interest rates, yield - starved investors» concerns have shifted to
worries over the impact
rising interest rates may have on their portfolio.