In other words you can now put your savings in a bank and make triple the return. Fixed mortgages will stay the same
Unless you're very very stupid and have ccdebt or car debt or college debt or medical when you could have found care within your means,
I assume most of you want higher not lower interest rates. So why is the Fed not raising em faster?
Read more: https://allmortgage.net/forum/if-market-interest-rates-tripled-would-you-personally.html