Luck refers to that which happens to a person beyond that person's control. This view incorporates phenomena that are chance happenings, a person's place of birth for example, but where there is no uncertainty involved, or where the uncertainty is irrelevant.
Average rates on 30-year fixed-rate mortgages have climbed in recent weeks by about a quarter-percentage point, from 3.75 percent to almost 4 percent â about a $600-a-year difference on a $350,000 mortgage. Several sources of data suggest that buyers are paying more attention to the threat of higher rates.
Credit card and mortgage rates did go up, but not much. Credit card rates did turn out to be more tied to interest rates than expected. And NerdWallet predicts that credit card lending rates will go up again in the next year, with the average house hold paying around $18 more in interest a year. Mortgage rates have jumped to to 4.1% on a 30-year fixed mortgage from 3.5% a year ago.