Florida city wants homeowners to raise their homes to protect against flooding

Government officials in flood-prone areas are trying to make it cheaper for homeowners to raise their properties in order to help protect them against the threat. Homeowners are also encouraged to take out flood insurance policies. Flooding is one of the major threats to homes in low-lying coastal areas, and the problem is being compounded

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Federal Reserve opts not to raise interest rates in November meeting

The Federal Reserve says it won’t be raising interest rates following its November meeting. The meeting of the Federal Open Market Committee took place last week, before the announcement Thursday that it will not raise the federal funds rate. The committee said it has decided to maintain its target range of between 2 and 2.25

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Why buyers need to act now, before interest rates increase

Economists are warning of a “big impact” that rising mortgage rates could have on buyers who’re shopping for real estate.

How will the Fed’s latest interest rate hike impact housing?

The Federal Open Market Committee announced in its highly anticipated December meeting that it is finally raising the federal funds rate for the first time since exactly a year ago.

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