fomc

  • Photo of Why Now Is the Best Time of Year to Buy a House

    Why Now Is the Best Time of Year to Buy a House

    Alongside the perks and benefits that go alongside it, owning a home is an indicator of proficient money management. Closing on a loan during the best time of year to buy a house or when mortgage rate predictions are low only makes things better. Having the income, credit score, and downpayment for it, even before getting an estimate mortgage payment…

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  • Photo of The Best Savings Opportunities in 2020

    The Best Savings Opportunities in 2020

    When we entered 2019 one year ago, businesses and consumers, alike, were concerned about the economy. During that time, trade relations between the US and China escalated. In addition, the Federal Reserve hiked interest rates several times in 2018, with more increases planned for 2019. Just as importantly, the stock market plummeted and reached alarming lows. However, one year later,…

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  • Photo of SOFR: How Your Current Student Loan Rates Might Change

    SOFR: How Your Current Student Loan Rates Might Change

    On a typical day, banks lend money to customers who want to buy a home, purchase a car, and/or find the best student loan rates. After their doors close, however, banking firms will also borrow money from investors and government entities. In turn, they use those funds for daily operations, to pay back depositors, and continue to issue loans to…

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  • Photo of College Students: Why the Best Seasonal Jobs Are Around the Corner

    College Students: Why the Best Seasonal Jobs Are Around the Corner

    At the end of each school year, many college students try to find seasonal summer jobs. However, November’s business activity was at its strongest point in four months. In addition, many retailers started hiring for the upcoming holidays during August and September. This suggests that the best seasonal jobs this year are going to be available in the winter. Working…

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  • Photo of Open Market Operations: What are they and how do they affect markets?

    Open Market Operations: What are they and how do they affect markets?

    While many of the open market operations of the past decade have been largely experimental, the FOMC’s increased market participation has also increased the impact of these operations substantially.

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