Discussion of the Day
Low interest rates!
Zing12-Mar-21
Are you concerned about low interest rates and how badly they are affecting many people?
Banks are generally paying most -customers much less interest than even a few years ago. Have your savings dwindled down - lower, and lower as time goes on? Low interest rates have been great for mortgage borrowing, and investment. The downside is that it's also forced the cost of buying a home.
Many people can't get a foot in the door because of much higher property prices. Do you think we will have lower rates for a long time to come?
Is there any solution to this diabolical problem?
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