NY Daily Record Since 1908
WASHINGTON — Federal Reserve Chair Janet Yellen said the Fed is on track to start raising interest rates later this year but expressed multiple concerns over headwinds that are still holding back the U.S. economy. She described the outlook for ...
Read More »Money Management: Rate hikes, active management and equities in your portfolio
The long-awaited and debated interest rate hike is inching closer by the day. Federal officials have said they are close to taking action, so their action should occur within the next two to three quarters. Positive economic data may catalyze ...
Tagged with: Money Management rates
Read More »Bernanke notes economy better than expected
WASHINGTON — Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the Fed might have to reassess its outlook for a slow ...
Tagged with: Ben Bernanke Economy Federal Reserve rates
Read More »FTC issues rule on deceptive mortgage advertising
Advertisements with interest rates that seem too good to be true or messages indicating that you’ve been pre-approved for a fantastic mortgage may not be so common in the future.
Tagged with: advertising Federal Trade Commission FTC interest rates mortgage rates
Read More »Fixed mortgage rates rise from decades lows
Fixed mortgage rates edged up this week from their lowest levels in decades. But few have been able to capitalize on them.
Tagged with: mortgage rates rates
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