Home foreclosures were on the rise across the United States in May as Americans struggled with higher living costs .
The details: According to a report from real estate data researcher ATTOM, 32,621 properties had foreclosure filings in May, a three percent jump from the prior month. Rob Barber, CEO at ATTOM, said the data “highlights nuanced shifts in the housing market.”
What’s driving the rise? When you buy a home, you lock in a fixed monthly mortgage [in most cases]. But expenses like property taxes , home insurance, energy, and internet service are not fixed – and they’re all rising – putting the squeeze on homeowners. Property taxes now cost Americans an average of $18,118 annually, up 26 percent from four years ago.
Home insurance premiums jumped 11.3 percent from last year alone. Electricity prices have risen more than 25 percent since Biden took office Internet service has […]
— Read More: thenationalpulse.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.