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Regardless of which of these is right, however, the COLA is about to buck a 29-year trend. That's because, for the first time since 1996, the COLA is going to be above 2.5% for five consecutive years.
The annual cost-of-living-adjustment isn't keeping up with inflation, according to The Senior Citizens League advocacy group.
Mortgage rates rose again this week, indicating that last week's rise — after five straight weeks of decline — may have signaled a turning point. The average rate on a 30-year fixed-rate mortgage rose ...