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If you’re planning to buy a house soon, you might be wondering what a good mortgage rate is. We’ll prepare you with the info you need to rate shop by showcasing average rates for various types of mortgages.

If you’re planning to buy a house soon, you might be wondering what a good mortgage rate is. We’ll prepare you with the info you need to rate shop by showcasing average rates for various types of mortgages.

“Are we in a recession?” seems to be the question on everyone’s minds these days. But something better to ask might be “Why is it so hard to tell if we’re in a recession, anyway?” In 2022, a litany of grim economic reports created a mountain of volatility in the…

What Is the Unemployment Rate? The unemployment rate, in simple terms, is the percentage of the workforce that is unemployed. It’s important to note here that the term “workforce” does not simply refer to everyone of legal working age in the U.S.—It includes only those who actively want to work.…

Safety is paramount

What Is the VIX and How Does It Measure Volatility?In finance, the term VIX is short for the Chicago Board of Exchange’s Volatility Index. This index measures S&P 500 index options and is used as an overall benchmark for volatility in the stock market. The higher the index level, the…

What Is Quantitative Tightening?The main job of a central bank, like the Federal Reserve, is to keep the economy strong through maximum employment and stable prices. It does this by managing the Fed Funds Rate, which it sets at its Federal Open Market Committee meetings. This effectively raises or ...