Happening NOW: Interest rates, simplified. An interest rate is the “price” a lender charges a borrower for a loan. Just like a pair of jeans at your favorite store, every loan has a price tag. That price tag is the interest rate. But instead of dollars and cents, the price of borrowing a sum of money is a percentage of the total amount borrowed. Interest rates rise and fall daily based on loan type (rates are typically lower for shorter-term loans), what the Feds are doing (the U.S. central bank), and, yes, inflation. Natalia Echeverri | Realtor | Coldwell Banker Realty 📲 (305)498-1323 | 💌 natalia@estatereal.net 👉 https://calendly.com/nataliawestonrealtor/30mins Follow me on Instagram! https://www.instagram.com/estatereal.natalia or Facebook! https://www.facebook.com/estatereal.ne/ My Blog! https://natcansell.com/ To search all available listings in Weston, Florida click here! 👉 https://nataliawestonrealtor.com/ ________________________________________________ -~-~~-~~~-~~-~- Discover Living in WILTON MANORS 🌈 | Luxury Fort Lauderdale Condo Tour Watch now 👉 https://www.youtube.com/watch?v=MfoWJTU9s0M -~-~~-~~~-~~-~-