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The 2024 election is getting closer, and a lot of Americans are wondering how the outcome could affect big life decisions, like buying or selling a home.  If Biden wins again, what can homebuyers and sellers expect for real estate over the next few years? The outcome could have a big impact on your finances and the decisions you choose to make around buying, selling or staying put in your current home.

Federal Reserve officials announced the Fed does not plan to cut interest rates on Wednesday, leaving rates at a 23-year high. While inflation eased last month, a statement from the Fed says inflation “remains elevated” and that officials are “strongly committed to returning inflation to its two percent objective.” This means rates for car loans, credit cards and mortgages will stay relatively the same for the time being.

The weather continues to warm and days are getting longer as summer approaches. And, while the season is generally time for fun, this summer, it’s important to think about your financial stability. 

June is officially in full swing. With the start of summer just weeks away, the weather outside is becoming more inviting for many. But, June isn’t just a good time to enjoy the outdoors with your children or go on a nice hike through the woods. It’s also a good time to think about your savings and moves you can make to build upon the money you’ve set aside, particularly in today’s unique climate marked by stubborn inflation and elevated interest rates.