Category: Financing

Will the Fed cut interest rates in December 2024? Current indicators suggest that the likelihood is quite high, with recent job reports intensifying the conversation around a possible interest rate cut during the Federal Reserve's upcoming meeting. The economic context surrounding …Read more  »

Money talks, but interest rates scream. As we peer into the economic crystal ball for 2025 and 2026, one number stands out: the Federal Funds Rate. This key benchmark set by the Federal Reserve shapes everything from your mortgage to …Read more  »

In a significant development for the housing market, today's mortgage rates dopped after the jobs report, reflecting a pivotal shift in the borrowing landscape. For the second consecutive week, mortgage rates have decreased, reaching their lowest levels since October. The average …Read more  »

The past year has seen a shakeup in the financial world, with several prominent bank failures raising concerns about the stability of the banking sector in 2024. There were 567 bank failures from 2001 through 2024. While predicting specific institutions in …Read more  »

Uncertain if recent bank failures have impacted you? This list details US banks closed by regulators in 2023 and 2024. It's never good news when we hear about a bank failure, and unfortunately, there have been quite a few in …Read more  »

The year is 2024. Whispers of a looming financial crisis have begun to circulate, casting a shadow over the once-assured stability of the US banking system. Headlines raise questions about bank insolvency, sparking anxieties among consumers and businesses alike. But …Read more  »

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential homebuyers and current homeowners are keenly interested in …Read more  »

Ever wondered why your car loses value? It's depreciation! In this blog, we will learn what depreciation means & how it affects your stuff (cars, gadgets, furniture) with real-life examples. What Does It Mean to Depreciate in Value? To depreciate in …Read more  »

If you're in the market for a home or considering refinancing your existing mortgage, understanding the mortgage rate trends and predictions for the current week is crucial. As of November 20, 2024, the average rate for a 30-year fixed mortgage is 7.02%, with experts predicting …Read more  »