Financial News

The Fed policymakers are hiking interest rates in a bid to reduce inflation.

The stock market will feel the impact in the short term while the housing market may feel it for the foreseeable future. The most recent hikes have contributed to the near doubling of interest rates paid by homebuyers. 

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News, Guides & More

➤ Average heating bills could rise 17.2% this winter: Residential utility costs have risen sharply with inflation. NEADA warns it’s going to get worse this winter.

➤ Target and Walmart plan to offer discounts on hundreds of big ticket items this holiday: Many consumers worried about how inflation will affect their holiday shopping plans, Target and Walmart are working to make this process easier for consumers.

➤ Falling stock prices have some U.S. Treasury bonds gaining attention: The Treasury Department’s two-year bond rose past 4% and an even higher-paying alternative is the Treasury Department’s I Bond, which is keyed to the inflation rate and currently pays an eye-popping 9.6%.

➤ Top online retailers taking the lead on consumer satisfaction: According to a recent American Customer Satisfaction Index’s (ACSI) study, a new winner has taken Nordstrom's spot at 1st place. Who do you think it is?

Help protect your family and loved ones.

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➤ Guaranteed loan 101:  Read more about guaranteed loans. A government-backed loan can help get you into your dream home.

➤ Garbage disposal cost breakdown: ConsumerAffairs has put together a list of garbage disposal repair costs by brand, including a breakdown of labor expenses. Learn more about what to expect if your garbage disposal is trash. 

➤ Recall Alert ⛔  Tesla recalls more than a million Model Y, Model S and Model X vehicles due to vehicle power windows. PLUS possible rearview camera issue behind VW recall of model year 2021-2022 vehicles. View More Recalls

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