Economy

SWBTATTReg

(24,131 posts)

5. Thanks! I'm sure those that their funds that invest in such investments are happy! It has

Fri Jul 14, 2023, 10:56 AM

Jul 2023

been an awful long time that paid out interest rates have been so low.

Even the housing market is showing the impact of the formerly low interest rates. Folks are staying in their homes longer because the interest rates that they are paying on their mortgages are so low, thus they don't want to lose these low rate mortgages (and I don't blame them).

It's a good time for some to perhaps buy a home, until the home price has escalated in step w/ the lowering of interest rates, which I don't think is happening, rather, the opposite is happening, home prices in many areas of the country have been dropping.

Edit history

Please sign in to view edit histories.

9 replies

= new reply since forum marked as read

Highlight:

US Racks Up $652 Billion in Debt Costs as Rates Hit 11-Year High [View all] mahatmakanejeeves Jul 2023 OP

That's a 2.7 fold increase in the deficit (for the 9 months ending June 30 vs. same period a year progree Jul 2023 #1

And how much of this debt being paid out to American holders of this debt? My Mom and Dad have SWBTATTReg Jul 2023 #2

Yields are up. mahatmakanejeeves Jul 2023 #3

Thanks! I'm sure those that their funds that invest in such investments are happy! It has SWBTATTReg Jul 2023 #5

Trump tax cuts are done in 2025. jimfields33 Jul 2023 #4

Thanks for the FYI! SWBTATTReg Jul 2023 #6

The personal income tax parts. But the corporate tax changes are permanent. progree Jul 2023 #7

+1 peppertree Jul 2023 #9

Lowering the standard deduction is going to cause tax increases for a significant number of people MichMan Jul 2023 #8