Pay Increases Based on City

A recent article on CNN’s Money edition put the average pay increase of the US worker at 2.5%.  But, according to the article, a few cities managed to sustain surprisingly above average pay raises. CNN Listed San Francisco as the city with the largest average pay increase over the last year, estimated at 4.3%.  A […]

Mortgage Rates on the Rise

Home mortgage rates are climbing back up, according to an article recently posted on CNNMoney.  In recent months (and even years), housing loans have been floating at all-time low rates.  Why?  Over the past several years, the Federal Reserve has kept the Federal Funds rate (the rate banks use to lend money to other banks) […]