rates by .25%. you can expect three rate hikes next year. one more than wall street expected. despite the 3.2% growth in the third quarter, the fed sees gdp increasing at a 2.1% rate next year. that is half of the 4% growth that president-elect trump has promised. he said it could be higher than that. we all want to know what the rate hike means for you. mortgage rates are already rising. overnight, the average for a 30-year fixed rate jumping to 4.27%. that will move higher in the coming days. a month ago, it was 4.02%. earlier this year, plunged to historic lows to 3.34%. expect rates on home equity lines to go up. saf savers are winners.