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December 15, 2016
Rates by .25%. you can expect three rate hikes next year. one more than wall street expected. despite the 3.2% growth in the third quarter, the fed sees gdp increasing at a 2.1% rate next year. that is half of the 4% growth that president-elect trump has promised. he said it could be higher than that. we all want to know what the rate hike means for you. mortgage rates are already rising. overnight, the average for a 30-year fixed rate jumping to 4.27%. that will move higher in the coming days. ...
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Another temporary measure to fund agencies to next year. that is when reasons take control of the house. president obama talking up a trade deal with south carolina which he says will create thousands of american jobs as false tough unemployment numbers released yesterday. jobless rate jumping to 9.8% in november. it would let each company sell 25,000 cars and president obama says it could put 70,000 americans to work. in particular, manufacturers of american car and truck will have more access ...