Federal Reserve Rate Remains The Same So What Should Do We Do?

Should I Refinance My Mortgage?

Having the advice of someone who is an economist from Quicken loans, is probably a little better than the advice I can get through my local connections.

So Bob Walters, from Quicken loans, if you say that "Homebuyers and homeowners looking for a new mortgage need to navigate this uncertain market carefully," I will take heed. I'm not really looking for a new mortgage but for those of you that are, well...proceed with caution. Read more

Federal Reserve Keeps Interest Rates The Same

Directly from: Bank Rate

Short-term interest rates remain unchanged as honchos in the Federal Reserve try to figure out which is the greater danger: inflation or recession.

After reading this article I wondered what I have missed in my basic education. Do you have to take a class in interpretting what this means in our lives? It seems the ecomony and anything that affects it is so far beyond the individual consumers control that it is down right depressing.

My question to you, the reader is:

"What can we as consumers do to help the economy turn around and start looking hopeful again?"

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