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What Does an Interest Rate Hike Mean For the Economy?

What Does an Interest Rate Hike Mean For the Economy?

by Borrowing Better Staff | Feb 15, 2018 | Tools & Resources

If you casually follow the market through accessible shows like Marketplace on NPR, you’ve likely heard updates when the Fed decides to raise and lower the US interest rates. To an uninformed viewer or listener, this news might not seem like a big deal. “Why do people...
How Projected Interest Rates Tell You What to Do With Your Money

How Projected Interest Rates Tell You What to Do With Your Money

by Borrowing Better Staff | Feb 11, 2018 | Tools & Resources

Interest rates are some of the most determining factors in both economy and finance. They’re one of the primary ways the Fed influences the market, and the determining factor over whether you want to invest in government securities, buy a home, or make a large...
Everything You Need to Know About Interest Rates and Mortgages

Everything You Need to Know About Interest Rates and Mortgages

by Borrowing Better Staff | Feb 7, 2018 | Tools & Resources

If you’re applying for a loan for the first time, you probably have a lot of questions when it comes to how much money the bank will charge you when it’s all said and done. Home purchases are steadily rising, and are projected to stay that way for 2018. Ahead, we’ll...
How the Federal Reserve Controls and Stabilizes Our Economy

How the Federal Reserve Controls and Stabilizes Our Economy

by Borrowing Better Staff | Feb 3, 2018 | Tools & Resources

How the Federal Reserve works can be a mind-boggling concept for many average Americans. Perhaps that’s why certain conspiracy theories pop-up on how the Fed controls everything through lending money to the US. Well, they aren’t entirely wrong. The economy’s momentum...
How the Federal Open Market Committee Shapes Our Economic Future

How the Federal Open Market Committee Shapes Our Economic Future

by Borrowing Better Staff | Jan 30, 2018 | Tools & Resources

Most of us don’t think about it when we’re making everyday purchases, but the Fed controls multiple aspects that determine how much money is in circulation. The value of a dollar is determined by how many there are in the world, which trickles down to all aspects of...
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