Blog - Page 186 of 338 - Critter Skimmer

17

Mar

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Financial ReportsFinancial Reports, FOMC, Interest Rates

Fed Policymakers Make Interesting Decision on Interest Rates

According to a press release by the Federal Reserve, the Federal Open Market Committee (FOMC), the current target federal funds rate will hold steady at 0.25 to 0.50 percent. Committee members cited positive developments in the U.S economy including jobs growth, stronger labor markets and gradually increasing inflation. In addition, stronger housing sector and household spending were also noted as positive signs for the economy. Committee members cited risks associated with global economic and financial developments as a concern. FOMC members are guided in decision making by the Federal Reserve's dual mandate of maximum employment and price stability. Inflation remains…

Understanding Mortgage Tax Benefits and How They Save You Money in the Long Run

If you're considering whether home ownership is the right decision for you, there are lots of different factors you'll want to take into account. Do you want to keep moving around, or are you ready to lay down roots in a community? Are you prepared for the additional upkeep that home ownership requires? But one of the big factors in home ownership that few potential buyers consider is the tax benefits of getting a mortgage. Although it may seem counterintuitive, getting a mortgage on a property that you own can reap lots of dividends come tax time. So how does…

3 Tips and Tricks to Make Mortgage Pre-Qualification Easy

If you're planning to buy a home, you should know that the mortgage pre-qualification process is the first in a series of steps that eventually lead to home ownership. A pre-qualification is different from a pre-approval - the pre-qualification meeting is simply you and your lender hashing out how much you can afford to spend on a property. But once you've been pre-qualified, it makes the mortgage process easier. So how can you make the pre-qualification quick and painless so you can get on with your house hunt? Here's what you need to know. Get Your Debts In Order One…