100625 ~ Falling Interest Rates - Mark Munzenberger

October 6, 2025 ~ Lucy Ann Lance is joined by Mark Munzenberger, Financial Education Manager for Money Monday with the University of Michigan Credit Union! The Federal Reserve cut interest rates, meaning lower borrowing costs for homeowners and less return for savers. Homeowners should consider refinancing, while savers may see lower returns on their accounts. People should explore these changes now and talk with a financial advisor about their borrowing or savings plans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.