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If you are borrowing mostly short term with intention to roll over (like US Gov does, for example), then yes, interest rate hike would fuck you over. A safer w
by xyzzyz 5y ago
If you are borrowing mostly short term with intention to roll over (like US Gov does, for example), then yes, interest rate hike would fuck you over.
A safer way of doing that is to get a large, long term, fixed rate loan, and use it to buy some real asset. You know, like, say, a house. With a long term fixed rate mortgage. Has that become more popular than usual recently?