WASHINGTON (AP) — There isn’t much doubt about what the Federal Reserve will do when its latest policy meeting ends today: It’s all but certain to raise its benchmark interest rate — its first increase in a year. The real anticipation surrounds what Fed officials may or may not say about the pace of future [...]
Applying for a home loan? You may want to consider paying off your credit card bill first. Thanks to a recent change by major credit rating agencies, mortgage lenders can now look at whether you pay off your bill every month or keep a balance. That means home buyers who pay off their credit cards [...]
Gone are the days when a basic savings account was a practical means of socking away some cash. Interest rates well below 1 percent promise minuscule returns and the typical big bank savings account serves as little more than a reserve to cover the odd overdraft. There are relative exceptions but there exists barely any [...]