5 Simple Actions to Take with Interest Rates on the Rise

Citizens & Northern breaks down rising rate environments

You have probably heard that interest rates are creeping higher and you may be wondering how it could affect you. The simple answer is that the money you have in interest bearing deposit accounts (such as a savings account) could earn more than before, but the cost of borrowing money could go up. This means car loans, mortgages, personal loans and student loans may come with have higher interest rates and could end up costing more over the life of the loan.
However, there are many things to consider in a rising rate environment that makes the answer more complex…

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5 Simple Actions to Take with Interest Rates on the Rise

Citizens & Northern breaks down rising rate environments

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