The commercial will be right one of these days. Whether “one of these days” is tomorrow, next week, next year, or next decade, we can’t say.
Lenders have warned repeatedly in print and radio ads over the past five years that higher interest rates will soon befall us. The rationale is predicated on historically low interest rates (which can’t last) and the Federal Reserve raising interest rates (which it has).
Read more: Time for Another Rate Dip