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The Fed Finally Raises Rates

The events of today bring one word to mind: finally. Earlier today, the Federal Reserve (Fed) finally raised the target for the federal funds rate by 0.25%. By raising this key overnight borrowing rate, the Fed raised interest rates for the first time in nine years—an event that has been receiving a great deal of attention recently.
By |December 17th, 2015|Financial Article|

A Prime Time to Refinance

15-year mortgages haven’t been this cheap since the Fifties.

On August 18, rates on 15-year FRMs were averaging 3.36%. Freddie Mac reported the lowest interest rates in at least 50 years in its August 18 Primary Mortgage Market Survey. In fact, it noted record lows across the board. Rates on conventional 30-year home loans were […]

By |September 6th, 2011|Financial Planning|
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