Study: How Have Borrowers Made Out Since the December Rate Hike?

July 29, 2017 by

Borrowers on the whole were able to accommodate the interest rate hike initiated by the Federal Reserve in December, with most successfully continuing to manage their monthly payments after the rate went up, according to a recent analysis by credit reporting agency TransUnion. Of the 63 million borrowers assessed in the analysis—borrowers whose monthly payments […]

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Rate Rises Again in Second of 3 Expected Hikes

June 14, 2017 by

The Federal Reserve voted on Wednesday to raise the key interest rate one-quarter percentage point, ticking off the second of three hikes slated for this year. Analysts largely predicted the outcome, even as lagging inflation gave cause for concern. “In view of realized and expected labor market conditions and inflation, the [Federal Open Market] Committee […]

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Filed Under: Buying/Selling, Fiscal Policy, House Canary, Interest Rate Hike, Latest News, Lead Story Tagged With: , , , , , , ,