MoneyWisdom Blog

What does Fed interest rate hike mean for you?

Posted by MaryJo Kurtz on Dec 18, 2015 9:55:10 AM

The Federal Reserve made headlines this week when it announced an increase in its key interest rate by a quarter percent after seven years of near 0% rates. What does this mean for you? We put the question to Hanscom Federal Credit Union’s Senior Vice President of Lending, Tom Becker.

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Topics: Mortgages and Refinance, Money Management, Debt, Lending

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