Economics class: Yikes! What should I do with my mortgage?

is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Mo

Answer the following questions:

Standard variable rates for lenders range between 7.5 to 8 percent. Many households are now negotiating fixed-rate rates between 1 and 2 percent. Follow these topics