Tag Archives: rate
Mortgage Rates Hit 5.78%, Highest Level Since 2008
U.S. mortgage rates have recently hit their highest level since November of 2008. This is the latest signal of turmoil tied to the Federal Reserve’s attempts to cool inflation. According to a report published by Zillow, the average 30-year … Continue reading
Thinking of Buying a New Car? Now is Not the Best Time
Last week, the Federal Reserve boosted a key interest rate by half a percentage point. This marks the Feds largest boost in over 20 years and borrowing costs for a variety of consumer loans including car loans are expected to … Continue reading
Fed Raises Interest Rate For First Time in Three Years
For the first time since 2018, Federal Reserve Officials have voted to lift interest rates. They also agreed on penciling in six more increases to take place by year’s end. This is the most aggressive pace we have seen since … Continue reading
