How To Guide For: Preparing For An Interest Rate Hike
According to a CNBC report -- "The Fed now finds itself looking to normalize rates. Market participants are assigning a near-100 percent chance of a rate hike at the December 13-14 Federal Open Market Committee meeting. Current indications are that two more hikes are on the way in 2017, then three in 2018." So how does one prepare for the impending interest rate hike. Consumers who own homes can prepare by refinancing from an adjustable-rate to fixed-rate mortgage. Consumers with credit card balances and debt can look into getting 0% balance transfer credit cards. As for investors who are preparing for the interest rate hike it may be time to diversify your portfolio, if you haven't already. These are just some ways to prepare for an interest rate hike. To learn more about preparing for an interest rate hike and to get more in depth information click on the pictures below to read the articles.