On Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.

Your credit score is used by lenders to determine your credit risk when it comes to borrowing money. The higher your credit score, generally speaking, the more you'll be able to borrow, and the lower your interest rate. That can save you thousands of dollars over the life of your loan. So, if you're looking to purchase a home, read on to learn how to optimize your credit score.

Inflation has increased significantly since May 2021, due largely to supply chain disruptions from COVID19 and Russia’s invasion in Ukraine. The investments that perform well under inflation and retain all or most of their value can bring in more cash

Overseas events such as the invasion of Ukraine often reach beyond their borders, impacting global financial markets, energy prices, and mortgage rates.

Since 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.

A credit report and a credit score are two different pieces of financial information. However, they both have a significant impact on your finances.