There has been a lot of talk about the Fed and the interest rates being set. You might know that the current rate set by the Fed is zero because of the economic turmoil that is occurring. This is a method used to try to stave off a recession or other economic problems. How do the Fed’s interest rates actually… Read more →
Tag: Mortgage
The Pros and Cons of Refinancing Your Mortgage
One of the most common questions that people have when considering refinancing their home is: will it be worth it? The answer to this question depends on whether you need to do so for financial reasons or simply looking for a lower interest rate. If your current mortgage has an interest rate that is significantly higher than what’s available… Read more →