New year, new interest rate? Please

Discussion in 'Credit Talk' started by Jaxmum, Dec 29, 2005.

  1. Jaxmum

    Jaxmum New Member

    I'm trying to find info on the interest rate hike scheduled for 2006...my husband is really losing his mind over it, but he tends to not have the whole story onsuch matters. If I can ease his mind or give him information, we'd be a much happier domicile.

    How much will the rates go up? How do you know if you have a variable rate cc? Will all rates go up?

    I know I sound like an idiot, but I really can't find anything definitive ANYWHERE else and you guys were a huge help to me a few years back.

    Thanks,

    J's M.
     
  2. Woobles

    Woobles Member

    The fed hinted that rates were going to possibly move slightly. What is your husbands concern with the rate moves?... are you in an adjustable rate mortgage that is getting ready to adjust?
     

Share This Page