Understanding interest rates

Understanding how interest rates affect your loan, repayments and goals in an essential step in any financial journey.

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Understanding what impacts interest rates

Interest rates are a powerful force in the economy, influencing everything from personal loans to global markets. They’re closely watched because they shape how we borrow, save, and spend—affecting financial decisions at every level.

The effects of interest rate changes

Interest rate changes ripple through the entire economy, influencing everything from mortgage payments to job growth. Understanding how these shifts affect your financial situation—and knowing what options are available—can help you stay prepared and make smarter money decisions.

Understanding the differences between a bank and non-bank

Banks and non-banks both offer financial services, but they operate under different rules and serve different roles in the economy. Understanding the distinction helps you make informed choices about where to manage your money, borrow, or invest.

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Want to know more?

If you have any other questions, or want to learn more about interest rates, we recommend speaking with your broker or contacting us directly. We’re always here to help you better understand your finances, so you can make informed decisions when it comes to your wealth and future.