This way, a portion of your future spending needs are met while preserving the opportunity to benefit from future rate increases. (annuities.blueprintincome.com)
Or if you have excessive student loan debt, particularly private loans with variable rates, you might consider applying for a debt consolidation loan to avoid future rate increases. (gobankingrates.com)
If rates are low, a hybrid mortgage can benefit a borrower with its variable rate component while also protecting against future rate increases with its fixed - rate component. (superbrokers.ca)