Overnight Repo Operation

Overnight Repo Operation

On Tuesday morning, the NY Fed launched what’s called an “overnight repo operation,” during which the central bank attempts to ease pressure in markets by purchasing Treasuries and other securities. The goal is to pump money into the system to keep...
6 Good  Reasons to Refinance Your Mortgage

6 Good Reasons to Refinance Your Mortgage

Getting a lower rate is the most common reason people refinance their mortgage. But there are others. Here are a few of them starting with the most common: 1. Lower interest rate and/or payment Refinancing to a lower interest rate will save you money on your monthly...
6 Poor Reasons to Refinance a Mortgage

6 Poor Reasons to Refinance a Mortgage

Mortgage rates are low…but that doesn’t mean refinancing is a good idea right now. Before you get too far down the path of a refinance you should really think about why you are refinancing. A refinance can help you meet some financial goals such as...