4 Dumb Money Moves People Make When Interest Rates Drop

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However, not all of these moves will pay off.

Here are some of the most common dumbmoney moves people make when interest rates drop.

When rates go down, so does the cost of capital.

I still should have an emergency fund set aside where it will not be at market risk.

Lower interest rates lead to more borrowing options this could be mortgage rates, auto loans or personal loans.

If the persons income decreases unexpectedly, the extra debt makes life difficult.

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