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Sachin
22 Mar 2005, 02:53 PM
http://www.businessweek.com/ap/financialnews/D89070HO1.htm?campaign_id=apn_home_down

Your credit cards just got more expensive.

Sachin

erikl2
22 Mar 2005, 04:39 PM
And your ARM.

striker
22 Mar 2005, 10:19 PM
http://www.businessweek.com/ap/financialnews/D89070HO1.htm?campaign_id=apn_home_down

Your credit cards just got more expensive.

Sachin

Not if you always pay your bills. Actually, with higher interest rates, the credit card companies may throw more bonuses my way! :)

Ian Lozada
24 Mar 2005, 08:23 PM
And your ARM.

Not necessarily. Most ARMS are either tied to various treasury obligations or to LIBOR.

Your HELOC is tied to prime, however.