Bidenomics is Killing Us With Inflation | Mortgage rates stay high amid renewed inflation fears

Mortgage rates stay high amid renewed inflation fears

Mortgage rates stay high amid renewed inflation fears

Snippet of Article: "...The national average for 30-year mortgages was 7.31% as of April 24. ...The national median family income for 2023 was $96,300, according to the U.S. Department of Housing and Urban Development, and the median price of an existing home sold in March 2024 was $393,500, according to the National Association of Realtors (NAR). Based on a 20 percent down payment and a 7.31 percent mortgage rate, the monthly payment of $2,160 amounts to 27 percent of the typical family’s monthly income."

Source: www.bankrate.com

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Sorry U.S. Social Security Recipients, we need to pay Ukraine pensions (US aid paying Ukrainian pensions)

US aid paying Ukrainian pensions

Snippet of Article: "...Joe Biden stated that funding in a Ukrainian aid package, and later approved by our lawmakers, could be used to pay Ukrainian pensions.

This February, a former Texas city councilman stated that Biden’s announcement means that U.S. Taxpayers are paying pensions and welfare for Ukrainians. Meanwhile, millions of Americans including veterans are unable to pay for food, housing or medical, and thousands more are homeless on the street.

Biden stated funding provides food, water, medicine and shelter to displaced Ukrainians. It also supports pensions in order that the Ukrainians “have something in their pocket.”..."

Source: www.tdtnews.com

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Sen. Rick Scott Shares Weekly Update on Biden’s Inflation Crisis

Snippet of Article: "...Senate’s Joint Economic Committee, since Joe Biden took office in January 2021, American households are spending…

49% more on air transportation
39% more on repair of household furniture and appliances
35% more on gasoline and other motor fuels
34% more on eggs
32% more on public transportation
27% more on electricity and gas
27% more on school meals
24% more on poultry, beef, and veal
21% more on food overall
19% more on rent
..."

Source: www.rickscott.senate.gov

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Stock market today: US futures fall with crucial inflation data on deck

Snippet of Article: "... expectations are for a 0.4% month-on-month rise in "core" inflation, a marked increase on the 0.2% rate in December.

Hotter-than-expected prints in recent consumer and producer inflation data have the market on edge for a disappointing PCE print — a further sign of stalled progress that could persuade the Fed to..."

Source: finance.yahoo.com

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