Friday
Don't get jammed by creeping interest rates
Four years of falling interest rates have caused many consumers to become complacent about sub-6% home mortgages, 3% home equity lines and no-interest car loans. But if you're a borrower, the trend is no longer your friend. Mortgage rates have been creeping higher since March. If the Federal Reserve (news - web sites) raises short-term interest rates, the cost of consumer loans will increase. In today's Managing Your Money, get tips on how to cope. more..
