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To curb inflation, the Federal Reserve increased its short-term rate by a quarter percentage point. Indirectly, this means that the Fed is putting a ceiling on home prices. It’s paradoxical that the Fed would do this when trying to control inflation. Federal Open Market Committee of the central bank raised federal funds rates to an […]

Read more: Fed raises Rates Again, Reinforcing the House Shortage

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The average cost of homeowners insurance in West Virginia is $1,205 per year, or about $100 per month, according to a NerdWallet analysis. That’s less than the national average of $1,820 per year. Note: Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies […]

Read more: The Best Home Insurance in West Virginia for 2023

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That break wasn’t very long. As expected, the Federal Reserve decided to increase rates by a quarter percentage point at its meeting on Wednesday. The central bank briefly paused from raising the federal funds rates last month after 10 successive rate increases starting in March 2022. Federal funds rates are now at 5.25%-5.50%, a 22-year […]

Read more: As Fed Resumes Rate Hikes, Chair Powell Isn’t ‘Optimistic’ — Yet

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Most of the time, it’s a good idea to use a credit card for purchases that you have already planned for. With responsible usage, credit cards can help you build up your score. They offer protection against fraud, purchase, and other issues. Credit cards are also meant to save money, except for when they don’t. […]

Read more: Five times credit card rewards aren’t worth it (and one rule-breaker)