Forget the December Rate Hike: Buy These 4 Dividend Growers Now

Still think the Federal Reserve may not hike rates this month? It’s time to change that view. Traders betting through the Fed futures market now see the odds of rates staying where they are at a measly 1.4% after strong employment and consumer confidence numbers last week. And if you’ve tried to take out a mortgage lately, I don’t have to tell you which way interest rates are headed: no thanks to a spike in 10-year Treasury yields, which hit a 17-month high last week, you’re now paying more than 4.0% on a 30-year mortgage. Borrowers Get Mauled So, time to hold off on dividend stocks, then, right? ... Read more