Columbia County, Washington. Columbia County is a county located in the U.S. state of Washington. As of the 2010 census, the population was 4,078, making it the third-least populous county in Washington. The county seat and largest city is Dayton. The county was created out of Walla Walla County on November 11, 1875 and is named after the Columbia River.
As interest rates rise, profitability on loans also increases, as there is a greater spread between the federal funds rate and the rate the bank charges its customers. In these conditions, there is a better chance that borrowers will be able to pay back their loans.ncreases in the Federal funds rate directly increase the yield on this cash, and the proceeds go directly to earnings. An analogous situation is when the price of oil rises for oil drillers. The benefit of higher interest rates is most notable for brokerages, commercial banks and regional banks.
Instead of earning interest on the money in your offset account, you save interest on your home loan! This is beneficial because generally the interest rate on a savings account is far lower than the interest the bank is charging you on your home loan.o how does this compare to putting your money in a savings account? If your home loan was at an interest rate of 5% p.a. and the savings accounts with the banks were at 3.5% p.a. then instead of earning $3,500 p.a. on your $100,000, by putting it in an offset account you would save $5,000 in interest.