- Chart on the Go
Rising interest rates are driving up mortgage payments and reducing consumers’ home purchasing power.
- Rising interest rates are driving homeowner mortgage payments to record highs — just one of several ways rates affect consumers.
- Against this backdrop, fixed-income investors face increased credit risk. Deep research will be needed to uncover high-quality borrowers. For mortgage-backed investments in particular, finding bonds (and borrowers) that can weather economic uncertainty will be essential for investing success.