Only 11% of US household debt has an adjustable interest rate. That means the vast majority of Americans with existing fixed rate mortgages/auto loans/student loans have not been impacted by the Fed's 11 rate hikes. pic.twitter.com/PMU3I2lF03
— Charlie Bilello (@charliebilello) July 28, 2023
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Friday, July 28, 2023
Only 11% of US household debt has an adjustable interest rate. That means the vast majority of Americans with existing fixed rate mortgages/auto loans/student loans have not been impacted by the Fed's 11 rate hikes.
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