November Sales of Existing Homes Plummets

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November Sales of Existing Homes Plummets By Burt Carey Sales of existing homes plummeted 10.5 percent in November, the largest such decline since July 2010, according to the National Association of Realtors. The decrease could be an ominous signal that the U.S. economy is slowing as the seasonally adjusted annual rate of sales is now […]

What A Federal Reserve Interest Rate Hike Means To You

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  What A Federal Reserve Interest Rate Hike Means To You By Burt Carey Federal Reserve Chairman Janet Yellen is fully expected to impose the first increase in benchmark lending rates this week, the first such increase in seven years. What a rate increase signals is that the Fed believes the U.S. economy is now […]