Where A Rate Hike Hurts Most

According to LendingTree founder Doug Lebda, not all borrowers are created equal when it comes to the impact of a potential Federal Reserve interest rate hike. Earlier this week, Leba discussed which borrowers would be hit hardest if the FOMC decides to pull the trigger on a rate hike.

Adjustable-Rate Loans

Consumers that hold or are in the market for adjustable-rate auto or personal loans, as well as consumers with adjustable-rate student loans and credit cards will be hit by the first interest rate hike. Of course, anyone who has locked in historically low fixed interest rates on loans over the past several years will be immune to the Fed tightening cycle.

Mortgage Rates More Immune

Adjustable-rate mortgages could…

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