Last week's economic news brought good news to U.S. consumers on several fronts. Mortgage rates fell and national unemployment fell to its lowest rate in 50 years. Inflation slowed and the Federal Reserve held its target federal funds rate steady. … [Continue reading]
Understanding the Factors That Impact Your Credit Score
Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the … [Continue reading]
FOMC Statement: No Changes to Key Fed Rate
The meeting of the Federal Reserve's Federal Open Market Committee ended Wednesday with the Committee's customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target … [Continue reading]
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