A key inflation reading on Friday showed the prices consumers are paying for goods and services rose more quickly in September than one month prior—effectively bolstering the Federal Reserve's case for another mega-sized interest rate...
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FIND SHORTCUTS AND TIPS TO HAVE MORE MONEY AND BE MORE SECURED.
Reap The Recently-Created Estate Planning Advantages Of 529 Plans
If you have young grandchildren, take a fresh look at 529 education savings plans. These plans always were good estate planning tools, but changes in recent years make them more attractive ways for grandparents to help grandchildren. You...
401(k) And IRA Contribution Limits Will Jump In 2023, IRS Says
The Internal Revenue Service announced today that young workers will be allowed to contribute up to $22,500 pretax to a 401(k) or similar retirement savings plan in 2023, a $2,000 jump from the current $20,500 limit. Those 50 or older...
Housing Market Crash 2022: What To Expect As Interest Rates Rise
Key takeaways Existing home sales dropped 0.4% from July, with an overall drop of 19.9% from one year ago. This is attributed to higher mortgage rates that made monthly payments more expensive than ever. Google Trends shows that search...
Housing Market Trends: What’s Happening With Mortgage Rates And Housing Prices Right Now?
Key takeaways Home prices are most likely to hold over the next year according to Goldman Sachs, though they have inflated by 43% since before the pandemic. The Fed’s rate hikes have made borrowing money more expensive, and rates are only...
Average five-year mortgage rate hits 12-year high
The interest rate on a typical five-year fixed rate mortgage has topped 6% for the first time in 12 years. The typical deal now has a rate of 6.02%, the financial information service Moneyfacts says, a level not seen since February 2010....
Hurricane Ian Reminds Us Of 3 Retirement Risks Few Consider
Hurricane Ian reminds us that the question of how to best prepare for the risks of where we live in retirement is even more important than planning for how much retirement will cost. Planning and living in retirement requires anticipating...
Mortgage rates surge, closing in on 7%
Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to Freddie Mac. That’s the highest level...
Where and when is Hurricane Ian going to make landfall in Florida?
Hurricane Ian is expected to make landfall in Florida soon. The eyewall of the hurricane is already moving over the coast. Hurricane Ian remains a high-end Category 4 cyclone with sustained winds of 155 mph (249 km/h) and higher gusts,...
Forget a soft landing. The market’s best hope is a ‘growth’ recession
Investors are waking up to the harsh reality of just how much pain the economy may have to endure as the Federal Reserve continues its fight against stubbornly high inflation. The Fed darkened its tone at last week's policy meeting,...









