Rising rates - what is your plan

[Chad Linn]

The Fed is telling us that rates will continue to rise.  Interest rate risk might be the most significant risk if you are borrowing.

Look at a historical prime rates http://www.fedprimerate.com/wall_street_journal_pr... .  

If we get into a period of 10 to 20 years averaging 9, 10, 11 percent prime, what is your plan?  

Rising rates and balloon payments coming due is a great way to clear the market.