interest rates

American Dream: Hero’s Home Advantage Program

Tyler Ryan learns about the HHA program for local heroes

  COLUMBIA, SC (WOLO) — Tyler spoke with Pat Whaley from Integrity Home Mortgage and David Cain from Hero’s Home Advantage about a new mortgage program. Learn about the HHA program for veterans, first responders, nurse and teachers to help you and your family with mortgage and interest rates. For more information about the program and to see if you…

US adds a robust 311,000 jobs despite Fed’s rate hikes

America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but easily enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation

America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but easily enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation

The Federal Reserve raised interest rates to help combat higher inflation rates and slow consumer spending

The FOMC raised its policy rate by three quarters of a percentage point

 “I guess the first thing I would say to every household is that we know inflation is too high and we understand how painful it is. Particularly for people who are living paycheck to paycheck and spend most of that paycheck on necessities such as food and gas and heating their homes and clothing and things like that. We do understand that those people suffer the most,” said Chair of the Federal Reserve, Jerome Powell.