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August 2024 Charts

Fixed Mortgage Rise. The increase in the proportion of fixed-rate mortgages over the last forty years has weakened the effectiveness of monetary policy. Essentially, the high percentage of fixed-rate mortgages means that monetary policy has less impact whether the Fed raises or lowers interest rates.

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August 2024 Financial Planning Tip

In times of market turbulence, sticking to your investment philosophy is crucial. Avoid letting short-term market noise derail your long-term strategy. Focus on your goals and the solid principles guiding your investments.

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