Blog Filters

Tuesday, July 04, 2006

Moving to fixed-rate loans makes sense, but not for all

CHICAGO (MarketWatch) -- If you're a borrower with a variable-rate line of credit, the Federal Reserve's two-year campaign of raising interest rates has no doubt caught your attention. After each of 17 hikes, the latest coming Thursday, banks have boosted their prime rate, the benchmark to which most variable loans are tied.

• Moving to fixed-rate loans makes sense, but not for all

posted by Blog Filters at 7:25 AM  

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