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The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March, in Washington, on Jan. 26, 2022. Joshua Roberts/Reuters
These are words I have heard my entire adult life. Every time rates drop, a lending professional always encourages me to take out the biggest loans I can, as rates will assuredly never be this low again. For the past 40 years, rates continued to fall, despite the opinion of many experts that rates can only go up.
Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.