What Inflation Does to Your Buying Power and Investment Performance
Each time we go to the grocery store and find inflation eroding our purchasing power, we face a tough choice: spend more or purchase less. And inflation isn't only in the grocery aisle. _Home loan rates rise too_, currently **7.03 percent for a 30-year fixed mortgage**. That means buyers have to lower their expectations for their dream home, or wait until rates drop. Sellers struggle as well, as fewer buyers depress home sales. When it comes to your investments, inflation's effects can be more complicated, benefiting some sectors while punishing others.
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