Personal Finance Blog
The following is an official press release from the Federal Reserve (Fed) regarding its decision today, and a translation (for the rest of us) of all the financial jargon by Bob Walters, Chief Economist for Quicken Loans: — FEDERAL RESERVE press … [Read more...]
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The Federal Reserve (Fed) lowered the Fed Funds Rate today by 1/4 point to 2 percent, in an effort to ease continued concerns over a soft economy. This marks the seventh consecutive rate cut and what many analysts believe to be the last cut for … [Read more...]
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The Federal Reserve (Fed) lowered the Fed Funds Rate today by 3/4 point to 2.25 percent, in an effort to restore confidence in the United States' distressed financial markets. The following is an official press release from the Fed regarding its … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
Do you know where the interest rate on your credit card currently stands? With the recent drops in the Fed Funds Rate, the Prime Rate -- or the interest rate that many credit card companies use as a base to establish how much to charge you in … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
The Federal Reserve has lowered the Fed Funds Rate several times in the last couple of weeks. It currently stands at 3 percent. As the Fed Funds Rate plummets, so does the interest you make off your money in savings accounts and money market … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
The Federal Reserve (Fed) lowered the Fed Funds Rate today by a 1/2 point to 3 percent. This is the second interest rate cut in a week, as the Fed made a surprise 3/4 point rate cut last week in an effort to stave off recession. The following is … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
The Federal Reserve (Fed) lowered the Fed Funds Rate today by 3/4 point to 3.5 percent, in the biggest cut in 18 years. It was a surprising move in that the group is scheduled to meet next week, when they were widely anticipated to lower rates. … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
The Federal Reserve -- aka "the Fed" -- lowered the Fed funds rate today by 1/4 point to 4.25 percent. Great, but what does that really mean? Do you have credit cards? Chances are you have a card with an interest rate that's tied to prime. Prime is … [Read more...]
Quizzle.com is the easiest way to get a complete understanding of your credit. Visit Quizzle.com to get your free credit report and score. No credit card or social security number necessary!
