Edit Module

Open Mic

Send us your blog for consideration!

November 2015

11/19/15

November employment report key for Fed rate lift-off

U.S. economic data remained relatively mixed last week, likely indicating U.S. growth remains modest with no acceleration, but does not appear to be slowing toward recession.

Posted at 01:14 PM | Permalink | Comments

11/17/15

Evaluate mortgage options before rates rise

While economists across the nation debate whether the Federal Reserve will raise interest rates this year or wait until 2016, many homebuyers are taking advantage of a brisk housing market to purchase homes now and lock in a mortgage rate at levels that remain historically low. Although the Fed does not directly control mortgage rates, the rate it sets for banks’ own borrowing tends to quickly affect the mortgage rates banks offer to customers.

Posted at 10:55 AM | Permalink | Comments

11/12/15

Post-divorce financial planning

Most people don’t begin their marriage expecting it to end in divorce. However, statistics suggest that a significant portion of marriages will ultimately fail, perhaps a third or more. For those who do find themselves ending a marriage, a lot can be on the line financially as marital property, including investments, must be divided. Having a sound financial plan can ease your transition into life as a single person and can help ensure a comfortable financial future after the divorce.

Posted at 01:22 PM | Permalink | Comments: 1

11/12/15

Improved unemployment raises expectations of December Fed rate lift-off

The eagerly anticipated October U.S. employment situation delivered a clear message to the market. Nonfarm payrolls climbed by 271,000 jobs, the unemployment rate dropped to 5%, and average hourly earnings rose 2.5% over the past year on a 0.4% gain in October. While not cheered by equity markets, this news did raise market expectations that the Federal Reserve will begin the rate hike lift-off at the December meeting, with Bloomberg calculations, based on futures market prices, rising to 70%.

Posted at 01:06 PM | Permalink | Comments

Edit Module
Edit Module
Advertisement