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Navigating the Shifting Tides of Rising Interest Rates: Impacts and Strategies. In recent months, the financial landscape has witnessed a notable shift as interest rates across the curve have been on the rise. Since late July, major stock indices, including the S&P 500, NASDAQ-100, and Russell 2000, have experienced declines of -6%, -7%, and -11%, respectively. This rate-induced market turbulence has raised concerns and prompted strategic reevaluations among investors.

“Is this going to blow through or set in?” It was Labor Day, and we were on the lake a long way from our dock when storm clouds surprisingly popped up. It’s easy to get surprised by the weather on Table Rock Lake with its high bluffs. It looks like the Federal Reserve is watching the forecast and trying to get inflation to blow through and not set in as well.

"Navigating the Possibility of a Recession in 2024 - What You Need to Know" The specter of an impending recession in 2024 looms on the economic horizon, raising concerns and uncertainties among individuals, businesses, and policymakers alike. While economic forecasts are never set in stone, it's essential to stay informed and prepared for potential economic challenges. In this article, we'll explore the factors contributing to the speculation of a 2024 recession, the potential impacts, and strategies to navigate these uncertain times.

Long considered the primary drivers of federal budget deficits, the duo of entitlements and defense spending are projected to soon be eclipsed by a third category - the interest on the national debt, which has now ballooned to $31.38 trillion in 2023, according to a report from the Committee for a Responsible Federal Budget (CRFB).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).

Are we in a recession? Are housing values dropping? Can buyers get a deal? There are so many mixed messages in the news these days. In 2022, Governor DeSantis announced a housing initiative that was designed to help essential workers with down payment and/or closing cost assistance. That year, it helped veterans, active military, teachers, law enforcement officers and nurses. In 2023, the program renewed on July 1st with $100 million in funds according to a staff press release in June 2023. These funds were for the state's fiscal year that runs from July 1, 2023 to June 30, 2024. It was based on income limits and credit scores. It was open to all first-time homebuyers that met the criteria. Each applicant was eligible for up to $35,000 or 5% of the purchase price. The program's funds were depleted during the third week of August, less than eight weeks into the program. This indicates continued strong buyer interest in home ownership but an affordability problem.

Federal Reserve Chair Jerome Powell warned on Friday that more hikes in interest rates could be yet to come and called for continued vigilance in the fight against inflation. “Although inflation has moved down from its peak — a welcome development — it remains too high,” Powell said in prepared remarks for his keynote address at the Kansas City Fed’s annual retreat in Jackson Hole, Wyoming. “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective.”

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Here: <a href="www.realestateteamfinder.com">www.realestateteamfinder.com</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).

Some of this article was written WITH the help of AI. Disclaimer: This article includes affiliate links. In the past month, the Federal Reserve made an announcement regarding its latest incremental increase in the primary interest rate, propelling it to the highest level seen in 22 years. This move comes as a response to the ongoing struggle against what the Federal Reserve terms as persistent inflation.

Breaking Down the Surge in US Credit Card Debt: Insights and Implications. Americans' credit card debt reached a record high of $1.03 trillion in the second quarter of 2023, according to the Federal Reserve Bank of New York. This is an increase of $45 billion from the previous quarter and marks the seventh consecutive quarter of rising balances.

Insights, Strategies, and Solutions for Homeowners and Prospective Buyers. The 30-year fixed mortgage rate has reached a level not seen in over 20 years as the Federal Reserve continues to raise interest rates in an effort to combat inflation.

Looking to buy or sell a home? Email us to Get Connected To a GREAT Real Estate Agent: info@meetjasonwalter.com *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240).