As the Economy Expands, Interest Rates Will Rise

The currently low interest rates are expected to rise as monthly job gains increase (which is a sign of economic expansion). Bill Hampel, interim president/CEO of CUNA said, "If monthly job gains average more than 250,000 for the next several months, the increase could come as early as next spring. If they fall back below 200,000, it could be the fall or later. In between, we're looking at next summer." [9/18/14]