In the end, since inflation is higher than all other rates, any money you\u2019re holding in savings will eventually lose purchasing power. For this reason, it\u2019s best to look for alternatives that offer reasonable rates, such as bond mutual funds, money market funds, or bond ETFs. Or you can always invest your money in real estate – and most wealth managers would agree that\u2019s always a safe bet! But, regardless of what you do, set aside enough cash to cover your daily expenses and work to protect yourself from market ups and downs.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Federal Reserve has been busy laying the groundwork for interest rate hikes that will occur for the first time in three years, with the first expected to hit in March. So, what does this mean for prospective buyers and homeowners? Today, we\u2019ll take a closer look at interest rates and discuss if you should buy now since mortgage rates have risen. What Effect Does The Federal Reserve Have On Mortgages? The Federal Reserve is America\u2019s central banking system that executes the country\u2019s national monetary policy through bank regulations and supervision. The Fed serves three primary functions – moderate long-term interest rates, maximize employment, and stabilize prices. If you understand […]<\/p>\n","protected":false},"author":3,"featured_media":772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[35],"tags":[150,66,151],"class_list":["post-771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-rates","tag-buying-a-home","tag-interest-rates","tag-refinancing-home"],"yoast_head":"\n