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Week Ahead on Wall Street: Mortgage Hopes

Week Ahead on Wall Street: Mortgage Hopes

Homeownership and the American Dream The Federal Reserve finally did it. It lowered its key interest rate. It kicked off this  cutting cycle with a bang, delivering a larger-than-usual 50 basis point cut.  Before you rush to check the latest mortgage rates and get confused as to why they haven’t yet fallen by half a…Read more

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Week Ahead on Wall Street: Mortgage Hopes

High medical costs are putting pressure on retirees

High medical costs are putting pressure on retirees

High Medical Costs Are Pressuring Retirees Saving for a comfortable retirement is a big undertaking. But saving for the eventualities of what an advanced age may bring with it is a whole different pair of shoes. Increasingly, older Americans are facing financial difficulty after encountering high medical costs. Bills, Bills, Bills Any health crisis that…Read more

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High medical costs are putting pressure on retirees

Looking at: The Fed’s September Statement

Looking at: The Fed’s September Statement

Estimated reading time: 3 minutes First and 50 It’s been 301 days since the last rate move by the Federal Open Market Committee (FOMC), and the wait is finally over. The Federal Reserve cut rates for the first time in this cycle today, and by 50bps no less, bringing the federal fund rate’s upper bound down to…Read more

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Looking at: The Fed’s September Statement
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