Tag: interest rates
The housing market has shrugged off the pandemic, and home prices are rising sharply due to historically low interest rates. The market crash more than a decade ago is a distant memory. The total value of the equity in older Americans’ homes has doubled since 2010, hitting $8.05 trillion at the end of last year…
If rates continue to hover around zero, people will need to save large amounts. The pandemic and ensuing recession have exacerbated the challenge of saving for retirement. Real interest rates, as measured by the difference between nominal returns on 10-year Treasuries and the Cleveland Federal Reserve’s inflation expectations, fell by half a percentage point in…
