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The Fed's Decision and the Impact on Your Money

Here’s what the highest Fed rates in more than a decade mean for your money Did you buy a home in 2020? Did you job-hop in 2021? Did you hold off on buying a new car or home in 2022 until you can find a cheaper deal and lower interest rate? Believe it or not, one institution impacts even the tiniest of your financial decisions: The Federal Reserve. What is the Federal Reserve? ...

You will pay more if you have good credit

As if most home buyers these days didn’t have enough to grumble about regarding mortgage costs this year compared to last, they will soon have another financial thorn in their sides. Beginning May 1, 2023, under the Biden Administration’s continuing policy to rework the income redistribution in America, a new rule will raise mortgage fees for borrowers with good credit and a soli...