Federal Reserve
The average rate on a 30-year mortgage in the U.S. has eased to 6.69%, the lowest since late October, down from 6.81% last week, according to Freddie Mac. This marks a decrease from last year’s 7.03% average. Rates on 15-year fixed-rate mortgages also dipped, falling to 5.96% from 6.1%. Mortgage rates are influenced by factors […]
The federal Reserve just announced their new money transferring app called FedNow will be available this summer. The service will be similar to Cash App when it comes to transferring money over to another customer and you could also make bill payments. This announcement comes days after the founder of Cashapp was murdered in San […]
If cash is king, what does that make coins? Right now, coins are M.I.A.! The federal government said last month the Federal Reserve established a U.S. Coin Task Force to “mitigate the effects of low coin inventories caused by the COVID-19 pandemic.” The C-Team, (That’s Not The Real Name) is a 22 members task force. Representing […]
Over the weekend I went to Home Depot to get a few things for a do it yourself project and when I went to pay for my items the sales associate said they are not taking cash. Of course, I would be paying in cash but following my first mind, I brought my card with […]
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