The Top 3 Things Millennials Should Do Now to Take Advantage of Low Interest Rates
by Justin Sullivan, CFP, Vice President, Investment Market Direct, PNC
Sep 14, 2018
4 minutes
We've been in an era of historically low interest rates for several years, but rates are beginning to rise.
Most Millennials can't remember a time when interest rates weren't in the single digits, but the reality is that today's interest rates are abnormally low. Dare I say, today's rates are something that most people might see only once or twice in their lifetime.
As the Fed signals its commitment to keep raising rates, there's no telling how high they will actually go. One thing is for certain, though: Your time to take advantage of low interest rates could be soon coming to an end.
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