New South Federal Savings Bank
Financial Services in Nashville, TN
Anytime interest rates move up most people view this is a signal of the economy getting worse. However, when rates are this low, it's really a signal the economy is getting better and can withstand higher interest rates. To better understand it, you have to think from an investor perspective. Making 4 to 5 % on any given investment is not a very nice long term investment while making 7 to 9 % is a nice long term investment.