September’s Federal Open Market Committee (FOMC) meeting left the Federal Funds Rate unchanged. The Fed Funds Rate—the rate banks use to lend money to each other overnight—does not directly affect home loan rates. However, when this rate increases, consumer rates … Continue reading
September marked the start of football season for fans across the country. But investors and economists were focused on another team—the Federal Open Market Committee (FOMC), and whether it would hold its benchmark Federal Funds Rate steady. What Is the … Continue reading
Forecast for the Week The Bond Market will be closed Monday in observance of Veterans Day, but then the second half of the week heats up with news on consumer spending, wholesale and consumer inflation, and several manufacturing reports: The … Continue reading
Making it big in business after age 40
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Mortgage Info By Michelle Wickett 