Boomers’ Booming Wealth: A $129 Trillion Government Gift

Boomers

The notion of a “great wealth transfer” has been buzzing for some time now, with experts estimating a staggering $72 trillion changing hands from baby boomers to millennials. However, recent revelations by Bank of America Research suggest that this number is just the tip of the iceberg. In reality, the government has quietly orchestrated a … Read more

Housing Market in Turmoil: Mortgage Rates Surge, Approaching 8%

Mortgage rates

In a startling turn of events, the housing market is facing a tumultuous period as housing mortgage rates skyrocket to near-2008 levels. According to recent data from Freddie Mac, the average 30-year fixed mortgage rate has surged to a staggering 7.98%, up by 6 basis points in just one week. The 15-year fixed mortgage rate … Read more