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Benefits of Reduced Debt

Benefits of Reduced Debt If you've set a goal to pay down your debt this year, you're not alone. Strategically reducing or paying off debt benefits your finances tremendously, but can positively impact other areas of your life as well. Reduce stress. According to a recent study, more than 85% of Americans intermittently feel stressed by their finances and 30% feel stressed constanly.* By making a commitment to pay off your debt, you're also ...

Waiting to Buy a Home?

Waiting to Buy a Home? You May Miss out on Low Interest Rates In December, the Federal Reserve raised the key interest rate by a quarter-point to range of 0.25% to 0.5%, the first rate increase in nearly a decade.1 While some experts expect the Fed to raise rates gradually this year, some economists expect rates to increase three or four more times this year .2 Increases are anticipated to amount to a quarter-point each time, and when they do o...