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Credit Score Basics

Credit scores are one of the most important factors that determine someone’s interest rate, but most people don’t know the basics of what goes into determining their credit score or how they can improve it. The five factors that affect credit scores along with the weight of their impact are displayed below. Some simple ways…
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The Federal Funds Rate Increase Is Official!

Federal Reserve Chairman Jerome Powell officially announced that effective March 16, 2022, the U.S. central bank will start raising interest rates for the first time since 2018. The Federal Reserve is lifting the Federal Funds Rate by 0.25% and will continue to increase them throughout the year. Due to increasing inflation, there is a strong…
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How the War in Ukraine Impacts Inflation and Interest Rates

Inflation and the war in Ukraine are all over the news lately. These are both serious global issues that we should all be concerned with because whether you know it or not, it is affecting your life. But how? According to an article by NPR and reports from the Organisation for Economic Co-operation and Development,…
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Rates Are Rising! Refinance Now At Low Rates While You Can!

The Federal Reserve dramatically lowered interest rates as part of their policies to help the economy during the pandemic. As the impacts of covid lessen, the Fed must now get interest rates and the economy back on track to pre-pandemic levels. The news, including a recent article by CNBC, has been reporting that the Federal…
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