How Do Interest Rates Affect the Stock Market?

What Happens When Interest Rates Fall? When the economy is slowing, the Federal Reserve cuts the federal funds rate to stimulate financial activity. A decrease in interest rates by the Fed has the opposite effect of a rate hike. Investors and economists alike view...

Is a Second Mortgage is right for you?

Is a Second Mortgage is right for you? The thought of taking out a second mortgage might sound daunting, but it doesn’t have to be. You are taking on an extra monthly payment but, under the right conditions, a second mortgage could save you money. Here are some things...