Money Matters: Two ways to think about interest rates over the next year

When it comes to borrowing money to start or grow your business, choosing between fixed and variable rates is a key decision.

When I am asked where our economy is headed these days, my answer is simply this: Uncharted territories. There has never been a time in our history in which the U.S. government has printed this much additional money — literally trillions of dollars — to keep people from hunger lines and keep them alive.

We are at the end of that, and the dominoes, in the form of rising interest rates and slowing jobs growth, are seemingly beginning to fall. Will the rat-tat-tat of rising rates continue? Accelerate before it slows?

Click here to learn about fixed and variable rates as you plan for the next year from Ami Kassar’s November Money Matters article.