The third quarter of saw record growth in annuity sales billion That's an jump over the same quarter last year Here's one reason why recent interest rate hikes When interest rates rise that often means better returns on annuities especially for fixed and fixed index annuities Peter with Richon Planning explains the correlation to Erin Kennedy while outlining why annuities could make sense as part of your larger financial plan Annuities function as a private pension They can provide guaranteed income for the rest of your life Creating a private pension has become increasingly important because the percentage of workers [... more]

Many factors are making home ownership more difficult but the big ones are higher interest rates and low inventory If you're in the market to buy a home make sure you tune in for today's Faith amp Finance Live Host Rob West will welcome Aimee Dodson to talk about overcoming those ownership hurdles so you can move from renting to buying Then Rob will answer your calls about various financial topics See omnystudio com listener for privacy information [... more]

Inflation and higher interest rates have taken a toll on home sales But does that mean prices are coming down making this a good time to buy On today's Faith amp Finance Live Rob West will welcome Dale Vermillion to talk about the state of the housing market and fill us in on the latest news from the mortgage industry Then Rob will answer your calls and financial questions See omnystudio com listener for privacy information [... more]