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Summary: The Fed increased the funds rate by 75 points, as they promised. How does this affect your portfolio? Mortgage expert and financial advisor Debbie Bloyd comes on the show to talk about where the housing market is headed with the shift in interest rates, and mentions various factors to consider if you\u2019re looking to get in the market any time soon. It\u2019s very important to be attentive to the current market and speak with experts that understand what real estate is like now, and it\u2019s absolutely crucial to have a solid plan for this sector. Tune in for more insight. Highlights: -Debbie specializes in mortgages, and says that this will make it harder for people to buy the homes that they want -People sometimes neglect to realize how good things are (i.e. lower rates) until they go away -No one is going to relocate if they don\u2019t have to because it will inevitably cost more -The quality of the home you\u2019re going to get with your money decreases as well -When you buy down a rate, your buying power becomes stronger -It can be frustrating because we want more than we can afford -A lot of first time buyers are much older now\u2014listening to advice from people who haven\u2019t bought a home in 20+ years are are misinformed on the current industry -If you\u2019re in a state where many people are leaving, real estate prices aren\u2019t going to increase as much due to lower demand. You can also get better deals on homes in these places -Durable goods are getting more expensive; your house is going to be twice as expensive before you sell it -It\u2019s crucial to be intentional and have a plan Useful Links: Financial Survival Network DLB Mortgage Services