What You Should Do Now That The Fed Has Hiked Rates

BANKRATE | on Wed, Mar 15, 8:00 PM

gilaxia/Getty ImagesYou may have forgotten that interest rates really can increase. After nearly a decade of zero to no rate increases, the Federal funds rate has gone up three times since December 2015. And more may be on the way. Here's what you gotta know:MortgagesMortgage rates already went up[1] even before the Federal Reserve acted. And the central bank might raise rates twice more this year. That means mortgage rates are likely to keep rising gradually through 2017.If you're ready to s...

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