Archive for July, 2014

How will soaring Interest Rates Impact You?

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With the economy on the mend, the Federal Reserve ended its asset-purchase program in October, indicating the Fed believes growth and job creation have finally achieved enough momentum to continue without its stimulus. Now that this quantitative easing is over, interest rates will eventually rise. Here are a few ways this will affect you and your wallet. Loans Its been cheaper than ever to borrow money since the Feb began slashing interest ...

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