How to Take Advantage of Falling Interest Rates
Financial moves to lower bills and leverage investment options.
February 2008
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Lower interest rates impact consumers immediately -- such as the lower APR in one's credit card bill or a drop in returns offered through money market accounts -- but the effect on the economy won't show for another six months. Here is our window of opportunity to make financial moves now that offer gains later.
Looking for a Window of Economic Opportunity
VIDEO: Associate editor Jerry Idaszak sees help in falling interest rates for the second half of 2008.
Make the Most of Falling Rates
Now is a good time to re-assess all your revolving debt and borrowing. The better credit you have, the better deal you will get.
The Right Time to Refinance
Homeowners should act now to lock in low rates and lower monthly mortgage payments.
Relief for Beaten-Down Investments
The Federal Reserve's surprise rate cut breathed life back into REITS and business development companies. Regional banks should benefit, too.
Reader Comments (1)
Posted by: Trughligh at 11/30/2008 11:07:05 AM
Its amazing what people will post in these forums, some of it is quite brilliant!