Credit & Finance Talk

Get The Inside Scoop On The Current Housing Market

Thanks to the rise in interest rates in November, homebuyer’s purchasing power declined for the first time in over two years.    Housing Market Since November 2016 Purchasing power wasn’t the only thing to change in November. According to the National Mortgage News article “Homebuyer’s Purchasing Power Drops for First Time in Two Years,” the

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Federal Reserve increased interest rates

Federal Reserve increased interest rates – first time in nearly a decade The Federal Reserve increased interest rates Wednesday afternoon for the first time in nearly a decade. As expected, the Fed announced that it would increase its benchmark rate by one quarter of a percentage point. Investors and economists have been speculating about the

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