savers could benefit. rock bottom rates on savings accounts and cds may slowly move higher. i think the banks first will charge more for what they are lending and later they will give you more money for deposits. if you buy a home, don t panic. the rates are tied to the ten-year treasury bill. moving higher in anticipation of the move and yields dropped because the gradual increase ahead. 4.21% for the 30-year fixed rate loan. rates will remain below 5% for the rest of the year. big deal for house hundrters because they could be priced out in some markets. the increase will cost $57 extra per month for a $235,000 house with a down payment. janet yellen said the message is this, the economy is doing well.