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#Home buyers have already been struggling with high #prices, as well as rising #insurance & #property #taxes. #MortgageRates were one source of relief, having fallen from much higher levels in recent years. Even at 6.11, rates are well below their recent peak of 7.8% in October 2023, which was the highest level in decades as the #economy was recovering from the #pandemic. Back then the yield on the 10-year Treasury note was approaching 5%.
“This really is the big one,” David Goldwyn, fmr #US diplomat & #Energy Dept ofcl, said of the shutdown of the #StraitOfHormuz, the world’s most important choke point for #oil. This is the emergency scenario everyone feared.
#Cargo deliveries are stranded, #shipping charges have increased & #insurance premiums have skyrocketed. Yes, the price of #gas at the pump is affected. But so is the price of #food, #medicine, airplane tickets, #electricity, cooking oil, semiconductors & more.
WATCH: “Keep the family healthy.” Those were some of the last words Clifford Thomas’ mother said to him.
But in Albany, a town with a health care monopoly and no Medicaid expansion, staying healthy is a luxury that many are priced out of.
youtube.com/watch?v=BOgCsj9nDZ…
#Documentary #Video #Healthcare #Georgia #Medicaid #Health #Insurance #BlackMastodon #Family #Journalism
He Promised His Mother He’d Keep the Family Healthy. In Albany, Georgia, That’s Not Easy.
Clifford Thomas and his family lost four relatives during the COVID-19 pandemic, including his beloved mother, Beverly. A middle school teacher, Beverly had ...YouTube