FOMC Minutes Reveal Fed Policymakers U-Turn

Members of the Federal Reserve's Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range. While labor markets remained strong, the minutes noted that household spending and business investment slowed in the first quarter of 2019. FOMC members expected Gross Domestic Product growth to slow as compared to its 2018 pace. While current inflation and the national unemployment rate fell in…
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Staging Your Home: Here Are Your Self-Storage Options

If you're staging your home to sell, you may find yourself with more stuff than space. Rather than selling possessions that you'd rather not part with, you can put your things into short-term storage until your home sells and you're able to move. Here are some options you have when choosing and using a self storage unit. Climate Controlled Or Not Climate controlled units are located inside buildings. They could be compared to an apartment building, except instead of housing people, these storage buildings house belongings. Inside, they are powered with electricity and a temperature control that is temperate. The…
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4 Ways To Pay Off My Mortgage Faster

For most people, the mortgage payment is the biggest monthly expense. Whether you're facing retirement or still working, it would be nice to be free of this debt. Although you probably can't pay it off in one lump sum, it is possible to pay off your mortgage sooner than expected. Here are four strategies to try. 1. Make Bi-Weekly Payments You could shave eight years off a 30-year mortgage simply by breaking down your monthly payments into two payments instead of one. You'll pay the same amount each month while the interest paid over the length of the loan is…
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What’s Ahead For Mortgage Rates This Week – April 8th, 2019

Last week's economic news included readings on construction spending and inflation; labor sector reports on the national unemployment rate, public and private sector employment were also released. Weekly readings on mortgage rates and new jobless claims were also released. Construction Spending Rises, Retail Sales Slip Construction spending expanded by one percent in February according to the Commerce Department spending was one percent higher month-to-month; analysts expected a negative reading of -0.10 percent. February saw a revised gain of 2.50 percent growth in construction spending. Construction spending grew 1.10 percent year-over-year; by comparison, 2016 construction spending reached 10 percent year-over-year. High demand…
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Reduce Your Carbon Footprint with These DIY Home Projects

Your carbon footprint is the measure of your impact on the earth's natural resources. This number describes the amount of fossil fuel it takes to support your lifestyle. In the United States, each person produces an average of 19.78 tons of carbon dioxide every year. A high carbon footprint means your daily habits are a quickening drain on our finite resources.  Homeowners can use these DIY projects to reduce the effect of their lifestyle on the environment. Try Solar Solutions A residential solar system gathers photo-voltaic energy from the sun and converts it into usable electrical current. Once installed, any…
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