Here are your best money moves while the Fed keeps rates near zero.
"The Covid delta variant puts a wrinkle in what we'd thought was a steady path toward Fed tapering," Bankrate.com chief financial analyst Greg McBride said. "Rising infection rates and belief that peak economic growth is behind us make the Fed even more hesitant to consider removing accommodation.
Here's a breakdown of how consumers can take advantage of these easy monetary policies while they last.For starters, homeowners have an unparalleled opportunity to refinance or take someThe average 30-year fixed rate home mortgage is around 3.04%, the lowest since February, according to Bankrate. The ability to refinance a mortgage and cut your payment by $150 to $200 a month creates valuable breathing room.Once the Fed starts to slow the pace of bond purchases, long-term fixedMany homeowners with adjustable-rate mortgages or
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