Home Stock An interest rate cut is coming. Here’s what to do with your money beforehand.

An interest rate cut is coming. Here’s what to do with your money beforehand.

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Before an interest rate cut, there are several smart moves you can make with your money to maximize potential gains and minimize possible losses:

1. Refinance Your Mortgage: If you have a mortgage, this can be a great time to refinance. Oftentimes, if the interest rates are lowering, it means that you can refinance your home for a lower monthly payment.

2. Pay Off High-Interest Debt: It’s always a smart move to prioritize paying off high-interest debt like credit

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