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#kevinwarsh #federalreserve #interestrates Trump’s nominee to be the next Federal Reserve chairman was grilled by the Senate Banking Committee today. Warsh was grilled about his vast fortune about his relationship with President Trump and what he will do about interest rates. But his whole nomination is in limbo because one Republican is standing in the way. Here’s why.
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Waiting for 3% interest rates to come back could cost you more than you think… 🏡📉 Read this ⬇️ Let’s talk numbers using Freddie Mac data: 1980s → 14% rates 1990s → around 10% Today → around 6% Here’s what that means 👇 ✔️ Rates move in cycles ✔️ Home values historically appreciate long-term ✔️ Smart buyers use data, not fear, to make decisions A lot of buyers in North Texas and the DFW area are still waiting for the “perfect” rate… but waiting could mean paying more for the same home later. Yo
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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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