Interest rates stable?

[ted1]

Does anyone have any input on whether the interest rates are stable at the moment? It's amazing what a small increase can do to the monthly mortgage repayments. Has anyone had any experience with this?

[Gen3]

Any interest change makes a difference in your repayments. If they go up you spend more, if they go down, you keep paying the same amount and take more off the principal.

[kervinrudes]

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[magma]

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[spencer24]

Interest rates in many Western countries like USA, Canada, UK, EU, etc. will have to be adjusted upwards very soon, to reflect the diminishing value of paper currencies. This of course will only worsen the already slacking housing markets worldwide.

[Steve K.]

Rates will start to climb as the federal reserve loses control of inflation soon.