{"id":625671,"date":"2024-06-26T19:47:57","date_gmt":"2024-06-26T16:47:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/which-is-best-for-how-you-borrow-and-save-money\/"},"modified":"2024-06-26T19:47:57","modified_gmt":"2024-06-26T16:47:57","slug":"which-is-best-for-how-you-borrow-and-save-money","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/","title":{"rendered":"#Which is best for how you borrow and save money?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35a325c8013\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35a325c8013\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#How_fixed_rates_work\" >How fixed rates work<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#When_to_use_a_fixed-rate_product\" >When to use a fixed-rate product<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Financial_products_with_fixed_interest_rates\" >Financial products with fixed interest rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Fixed-interest_bonds_and_marketable_securities\" >Fixed-interest bonds and marketable securities<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#How_variable_rates_work\" >How variable rates work<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#How_variable_rate_caps_work\" >How variable rate caps work<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#%F0%9F%94%8D_Why_do_interest_rates_change\" >\ud83d\udd0d Why do interest rates change?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#When_to_use_a_variable-rate_product\" >When to use a variable-rate product<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Financial_products_with_variable_rates\" >Financial products with variable rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Variable-rate_securities\" >Variable-rate securities<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#How_to_change_the_type_of_interest_rate_on_a_product\" >How to change the type of interest rate on a product<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Example_Maximizing_returns\" >Example: Maximizing returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Example_Minimizing_financing_costs\" >Example: Minimizing financing costs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Other_types_of_interest_to_consider\" >Other types of interest to consider<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/which-is-best-for-how-you-borrow-and-save-money\/#About_the_writer\" >About the writer<\/a><\/li><\/ul><\/nav><\/div>\n<div>When you <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly for a bank account or financing, the interest rate you receive can give you a sense of how much you\u2019ll earn in returns \u2014 or pay to borrow money. However, not all interest rates work the same. Two of the main types of interest rates you\u2019ll come across are fixed rates and variable rates. The main difference is that fixed rates stay the same over time while variable rates can change based on market conditions.<\/p>\n<p>In many cases, the choice between fixed and variable rates will be a choice between products, rather than providers. For example, it\u2019s difficult to find a personal loan with a variable rate or high-yield savings account with a fixed rate. But with some products like home or car loans, you can choose the type of rate that works best for you. And which works best for you largely depends on the state of the economy and how long you plan on using that product.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"how-fixed-rates-work\"><span class=\"ez-toc-section\" id=\"How_fixed_rates_work\"><\/span>How fixed rates work<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With a fixed-rate product, such as a loan or bank account, the interest rate you sign up for is the interest rate you\u2019ll earn for the life of the product. For example, most certificates of deposit earn the same rate of return every month until they reach maturity \u2014 even if the Federal Reserve raises or lowers interest rates.<\/p>\n<p>The main benefit of using a fixed-rate product is predictability: You\u2019ll know ahead of time exactly how much you\u2019ll earn on a traditional CD. The same is true for loans \u2014 you\u2019ll know the monthly and total cost of a fixed-rate loan before you sign the closing documents.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"when-to-use-a-fixed-rate-product\"><span class=\"ez-toc-section\" id=\"When_to_use_a_fixed-rate_product\"><\/span>When to use a fixed-rate product<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a>ly, fixed rates offer higher savings on interest-<em>earning<\/em> products when the federal funds rate \u2014 or Fed rate \u2014 is high. This is particularly true when the Federal Reserve is signaling that they might lower interest rates in the future. By opening a fixed-rate account in a high-rate environment, you\u2019re able to lock in earnings you could otherwise lose if you signed up for a variable-rate account.<\/p>\n<p>The opposite is true for products that require you to <em>pay<\/em> interest, like loans and credit cards. Fixed rates are beneficial when you need to borrow money and the Fed rate is low. This is particularly true when it comes to long-term financing, since a fixed rate also offers protection against a fluctuating market. After all, it\u2019s difficult to predict how the market will change over the next 10 or 20 years.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"financial-products-with-fixed-interest-rates\"><span class=\"ez-toc-section\" id=\"Financial_products_with_fixed_interest_rates\"><\/span>Financial products with fixed interest rates<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Financial products that typically come with fixed interest rates include:<\/p>\n<p><strong>Dig deeper: <\/strong>High-yield savings vs. CDs: What to know while rates are high<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"fixed-interest-bonds-and-marketable-securities\"><span class=\"ez-toc-section\" id=\"Fixed-interest_bonds_and_marketable_securities\"><\/span>Fixed-interest bonds and marketable securities<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Some savings bonds have fixed interest rates, though they\u2019re subject to change after long periods of time. For example, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> EE Savings Bonds currently earn a 2.70% interest rate, which is subject to change after 20 years. Series I Savings Bonds are fixed at 4.28%, though this rate may change every six months based on the inflation rate.<\/p>\n<p>Treasury notes and Treasury bills also technically come with fixed rates, though how much you earn depends on the price of the security when you sell it. However, the Treasury Department sometimes guarantees that you\u2019ll earn money. For example, you\u2019ll earn no less than 0.125% in interest on a Treasury note.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"how-variable-rates-work\"><span class=\"ez-toc-section\" id=\"How_variable_rates_work\"><\/span>How variable rates work<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Variable rates work by rising or falling in reaction to financial markets. Typically, they\u2019re tied to a benchmark rate, such as the Wall Street Journal Prime Rate and the Secured Overnight Financing Rate. Benchmark rates are based on the lowest interest rate banks are willing to offer to a borrower, and they\u2019re highly influenced by the Fed rate. This is especially true for the WSJ Prime rate, which typically changes a few days after a Federal Reserve meeting at which the Fed announces a rate adjustment.<\/p>\n<p>With financing, variable rates typically comprise a low, fixed interest rate \u2014 called a margin rate \u2014 and a benchmark rate. So if you take out a loan with a 4% margin rate plus the prime rate, you\u2019re essentially guaranteeing that you\u2019ll pay at least 4% in interest. But in reality, you\u2019ll likely pay at least 7.25% in interest, since the prime rate hasn\u2019t dipped below 3.25% in the past 50 years.<\/p>\n<p>The annual percentange yield (APY) on bank accounts is a little less predictable than the annual percentage rate (APR) on a bank&#8217;s lending products, but the two measurements tend to rise and fall in tandem. That\u2019s because banks use APYs to draw in customers to deposit funds, which the banks use to fund loans and earn interest. If banks are earning more interest from consumers, they can afford to entice more people to open bank accounts with higher APYs.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"how-variable-rate-caps-work\"><span class=\"ez-toc-section\" id=\"How_variable_rate_caps_work\"><\/span>How variable rate caps work<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In many cases, lenders set caps on variable-rate products. This was designed to protect consumer borrowers from the kind of runaway interest the country saw during the 1980s.<\/p>\n<p>There are no federal interest rate protections for all consumers, though the Military Lending Act prevents lenders from charging more than 36% in interest and fees to active duty service members and their spouses. Many states also cap interest rates at 36% or lower for consumer loans.<\/p>\n<p>Lenders can also offer caps on variable rates in addition to government protections. This is common particularly with private student loans and home loan products. In fact, adjustable-rate mortgages come with several rate caps to protect consumers during periodic rate adjustments in addition to the life of the loan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"%F0%9F%94%8D_Why_do_interest_rates_change\"><\/span>\ud83d\udd0d Why do interest rates change?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Interest rate changes are among the only means that the federal government has to control the U.S. economy. Typically, the Federal Reserve raises interest rates to help lower prices during a time of inflation, and lowers rates during an economic downturn or recession.<\/p>\n<p>The logic here ties back to supply and demand: Higher interest rates make borrowing more expensive, which in turn keeps some people from making expensive purchases that require financing \u2014 like a home or a car. The decreased demand for these products should, in theory, lower the prices and cool inflation.<\/p>\n<p>When the Federal Reserve lowers interest rates, the intention is to make it easier for folks to make large purchases. This helps funnel money into businesses, stimulating economic growth.<\/p>\n<p>Unfortunately for borrowers, a study published by the Federal Reserve found that <a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/www.kansascityfed.org\/Economic%20Review\/documents\/9888\/EconomicReviewV108N4ChristopoulosMcAdamTzavalis.pdf\" data-ylk=\"slk:it takes a lot longer to cool the economy;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">it takes a lot longer to cool the economy<\/a> than it does to heat it up. That\u2019s because other factors, such as a nationwide housing shortage, can work against the high Fed rate by keeping prices high.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"when-to-use-a-variable-rate-product\"><span class=\"ez-toc-section\" id=\"When_to_use_a_variable-rate_product\"><\/span>When to use a variable-rate product<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Variable rates are often a better option for interest-<em>earning<\/em> products when the Fed rate is low. That\u2019s because you\u2019ll have a chance of earning more interest in the future if interest rates rise.<\/p>\n<p>The opposite is true for financing products that require you to <em>pay<\/em> interest. Variable-rate financing products are more beneficial when rates are high and appear to be coming down. If it\u2019s expected that rates could potentially increase even more, fixed-rate products may be a safer choice.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"financial-products-with-variable-rates\"><span class=\"ez-toc-section\" id=\"Financial_products_with_variable_rates\"><\/span>Financial products with variable rates<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Here\u2019s a list of the types of products that can come with variable interest rates:<\/p>\n<p><strong>Dig deeper:<\/strong> High-yield savings vs. money market account: Which is best for growing your savings?<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"variable-rate-securities\"><span class=\"ez-toc-section\" id=\"Variable-rate_securities\"><\/span>Variable-rate securities<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Some investment products earn interest that works similarly to a variable rate. For example, floating-rate notes, or FRNs, have rates based on the 13-week Treasury bill, plus a spread \u2014 similar to a margin rate.<\/p>\n<p>Treasury Inflation Protected Securities, or TIPS, also pay out interest that functionally works like a variable rate. Technically, the interest rate on a TIPS is fixed at no less than 0.125%, but the principal can increase or decrease depending on the market. So while the interest rate remains the same, the interest payout you receive can change depending on the principal.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"how-to-change-the-type-of-interest-rate-on-a-product\"><span class=\"ez-toc-section\" id=\"How_to_change_the_type_of_interest_rate_on_a_product\"><\/span>How to change the type of interest rate on a product<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Often you won\u2019t have a choice between fixed and variable rates \u2014 even if the product you need would benefit from one more than the other. In that case, you might want to consider swapping products when the market changes. With interest-earning products, this typically involves moving money among bank deposit or savings accounts. With lending, this typically involves refinancing.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"example-maximizing-returns\"><span class=\"ez-toc-section\" id=\"Example_Maximizing_returns\"><\/span>Example: Maximizing returns<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Consider this example of how to keep yields high on a savings account. Say you transfer your savings to a high-yield savings account with a variable rate after the Federal Reserve announced it\u2019s raising the Fed rate to cool inflation. The trickle of returns you were accustomed to when rates were low suddenly turn into a flood.<\/p>\n<p>But recently, the Federal Reserve begins signaling it wants to lower rates soon. To keep those high returns coming, you might decide to put some of that money into a fixed-rate certificate of deposit.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"example-minimizing-financing-costs\"><span class=\"ez-toc-section\" id=\"Example_Minimizing_financing_costs\"><\/span>Example: Minimizing financing costs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Here\u2019s an example of how to keep rates low on financing. Say you take out a fixed-rate personal loan to pay down high-interest credit card debt when the Fed rate is at an all-time high. Since credit card rates are generally higher than personal loan rates by default, the slight interest savings are worth it.<\/p>\n<p>But then, a year into paying off your loan, the Federal Reserve lowers rates. Suddenly, you\u2019re left with a 16% APR when you could qualify for a 9% APR if you took out a loan today. You can still take advantage of the lower-rate environment by taking out a new personal loan at that 9% APR to pay off the 16% APR loan.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"other-types-of-interest-to-consider\"><span class=\"ez-toc-section\" id=\"Other_types_of_interest_to_consider\"><\/span>Other types of interest to consider<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fixed and variable rates aren\u2019t the only type of interest rates to keep in mind when you\u2019re shopping around for a financial product.<\/p>\n<p>Here are some other types of interest you might run into:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>Tiered interest.<\/strong> Tiered interest offers different series of APY ranges depending on how much you deposit into a bank account \u2014 typically the more you deposit, the higher the rate of return. This is most common on CDs and money market accounts.<\/p>\n<\/li>\n<li>\n<p><strong>Compound interest.<\/strong> Compounding is often described as earning interest on your interest. It\u2019s a way of earning interest on both your initial account principal <em>and<\/em> any interest you\u2019ve earned along the way. You\u2019ll find compound interest on most types of deposit and savings accounts.<\/p>\n<\/li>\n<li>\n<p><strong>Simple interest. <\/strong>Simple interest is the inverse of compound interest in that it separates your principal from any interest. It uses only your principal \u2014 with no compounding. This type of interest is common on financing products like loans.<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"sources\"><span class=\"ez-toc-section\" id=\"Sources\"><\/span>Sources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/www.treasurydirect.gov\/savings-bonds\/comparing-ee-and-i-bonds\/\" data-ylk=\"slk:Comparing EE and I bonds;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Comparing EE and I bonds<\/a>, U.S. Treasury. Accessed June 25, 2024.<\/p>\n<\/li>\n<li>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/fred.stlouisfed.org\/series\/DPRIME\" data-ylk=\"slk:Bank Prime Loan Rate;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Bank Prime Loan Rate<\/a>, Federal Reserve Bank of St. Louis. Accessed June 25, 2024.<\/p>\n<\/li>\n<li>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:14;pos:1\" href=\"https:\/\/www.federalreserve.gov\/boarddocs\/supmanual\/cch\/mla.pdf\" data-ylk=\"slk:Military Lending Act [PDF];cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Military Lending Act [PDF]<\/a>, Federal Reserve. Accessed June 25, 2024.<\/p>\n<\/li>\n<li>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:15;pos:1\" href=\"https:\/\/www.kansascityfed.org\/Economic%20Review\/documents\/9888\/EconomicReviewV108N4ChristopoulosMcAdamTzavalis.pdf\" data-ylk=\"slk:Do the Effects of Interest Rate Changes Depend on Inflation?;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Do the Effects of Interest Rate Changes Depend on Inflation?<\/a>, Federal Reserve Bank of Kansas City. Accessed June 25, 2024.<\/p>\n<\/li>\n<li>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:16;pos:1\" href=\"https:\/\/www.treasurydirect.gov\/marketable-securities\/tips\/\" data-ylk=\"slk:Treasury Inflation Protected Securities (TIPS);cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Treasury Inflation Protected Securities (TIPS)<\/a>, U.S. Treasury. Accessed June 25, 2024.<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"about-the-writer\"><span class=\"ez-toc-section\" id=\"About_the_writer\"><\/span>About the writer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anna Serio-Ali is a trusted lending expert who specializes in consumer and business financing. A former certified commercial loan officer, Anna&#8217;s written and edited more than a thousand articles to help Americans strengthen their financial literacy. Her expertise and analysis on personal, student, business and car loans has been featured in Business Insider, CNBC, Nasdaq and ValueWalk, among other publications, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020 for her work at Finder.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.aol.com\/finance\/fixed-vs-variable-interest-rates-164757460.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you apply for a bank account or financing, the interest rate you receive can give you a sense of how much you\u2019ll earn in returns \u2014 or pay to borrow money. However, not all interest rates work the same. Two of the main types of interest rates you\u2019ll come across are fixed rates and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":625672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/OsvrvnQRlst7zD9VtcbiqQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODU-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-06\/242db330-335b-11ef-99fb-5504414e8865","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-625671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/625671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=625671"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/625671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/625672"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=625671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=625671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=625671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}