Shaun's name origin is Hebrew, and the name Shaun means God is gracious. Shaun is an alternate spelling of John (Hebrew). Shaun is also a form of Sean (Irish, Hebrew).
Evaluation of higher interest rates. 1  Higher interest rates affect people in different ways. The effect of higher interest rates does not affect each consumer equally. 2  Time lags. The effect of rising interest rates can often take up to 18 months to have an effect. 3  It depends upon other variables in the economy.
In this example, the interest rate goes up 2% over the five-year term. Keep in mind that interest rates could go up or down more or less than 2% over that period, and those changes would affect calculations. Johnâs alternative at the time was a five-year fixed-rate mortgage.