Interest Rates

Shot of businesswoman doing some paperwork while sitting behind her notebook at office desk.

The Fed Lowers Interest Rates for Second Straight Time

Key Takeaways The Fed’s recent rate cut to around 3.75-4% makes borrowing and refinancing more affordable for Connecticut businesses. Lower rates can boost consumer spending and business confidence, offering potential growth opportunities. Despite the upside, inflation and market uncertainty mean this window for low-cost borrowing may be temporary. Revisit your debt structure and cash flow […]

The Fed Lowers Interest Rates for Second Straight Time Read More »

Houses along CT shoreline

Lower Interest Rates on Delinquent Property Taxes Heads to CT House

A significant legislative change is on the horizon for Connecticut residents that owe back property taxes. House Bill 5144, currently advancing to the House floor, proposes to reduce the interest rate on delinquent property taxes once they are sold to third-party entities. The bill aims to lower the interest rate from the longstanding 18% to

Lower Interest Rates on Delinquent Property Taxes Heads to CT House Read More »

Scroll to Top