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The Fed Reserve did it again; they played with our rates, and slashed them again… oh baby, baby. This time all the way down to a range of 0%-0.25%. The last time the rate were slashed this sudden, was in 2008. But what does this mean? And what even is the Fed Rate? I’ll tell you: Well, the “Fed Rate” is the interest rate that is set by the Federal Reserve. This can be related to something called the...

2018 was the year of resilience. We as a world were tested from one of the largest fires in California to the political climate all around the world. There was a mass shooting in Florida and we saw a group of young adults show us what resilience looks like. Finally, the finance world was tested, the whole investment world, especially in the United States, was taken for a ride. From FAANG (Facebook...

Let us break this down 1. The Feds meet at the reserve building 2. They meet every quarter 3. They talk and think about the economy 4. Often look at economic data 5. Vote yes or no to raise the rates 6. These raise in rates directly impacts bank borrowing rate 7. This all equals the Fed Rate Now let us piece this together, the feds meet at the reserve building, once a quarter, they sit together in...

Fed Rate: the interest rate that is set by the Federal Reserve, click here to learn more The Feds got together yesterday and as expected they raised the rate from 0.50% to 0.75%. As mentioned in previous post, this was expected, but what does this mean for us Orcas, we are going focus on three main interest rate sensitive categories mortgages, saving accounts, and the market. Mortgages •Always sensitive...

You have probably either heard or seen the word “Fed Rate” lately in the context of “Feds hold off raising rates again” and if you are like me you probably were just as confused and zoned out and went straight back to Instagraming. See now as important it is to like your besties photo it is equally important to understand what the word Fed Rate means and how it will affect you. Fed rate is nothing...