Fed November Rate Increase (Again) – Recession Proof Your Family in 2023

Once again, the Fed has increased short-term interest rates by an additional .75%. This makes it the 4th consecutive time they have raised the federal funds interest rate by 75 basis points. So far, the Fed's rate hikes in 2022 have increased by a combined 3.5 percentage points — which means your monthly payment has more than doubled on your equity line and spiked excessively on your bank credit cards ( avg rate is now 19% ). This is where the Fed hikes are causing the most pain to the consumers.
In this video I talk about how these rate increase impacts you as a consumer, where I see the mortgage and real estate markets progressing over the next few months and explain why it is crucial that you have a plan to protect yourself and your family as we move into 2023.