20 Sep 2024 The Federal Reserve Reduces their Lending Rate In a widely anticipated move earlier this week, the Federal Reserve has cut its overnight lending rate by 0.5%. This decision comes amid growing concerns that the Fed might be “late to the party,” as the U.S. faces an escalating unemployment rate, now rising more swiftly than previously expected. Recent revisions have painted a gloomier […] Share on Facebook Share on Twitter
26 Jul 2024 The Rise of the Refinance In the ever-evolving landscape of personal finance, homeowners are increasingly turning to mortgage refinancing as a strategic tool to improve their financial stability. As the burden of credit card balances, student loans, and auto loan debts grow, the allure of tapping into home equity has become more appealing. Presently, refinances account for a significant 35% […] Share on Facebook Share on Twitter