7.5% Mortgage Rate BELOW Historical average

[Redfish]

OP is True.

no it is not. mortgage rates were in the 3-6% range pre Biden.

 

[Redfish]

the OP is BS, we did a 3.6% refi in 2018.

 

[John Edgar Slow Horses]

no it is not. mortgage rates were in the 3-6% range pre Biden.

Pre-Biden: from 1960 they were 2 - 19%. What years or Presidents are you talking about?

 

[bripat9643]

Pre-Biden: from 1960 they were 2 - 19%. What years or Presidents are you talking about?

In the graph below you'll note that interest rates peaked about 1981. The were much lower for all the time prior to that- below 5%

 

[Redfish]

Pre-Biden: from 1960 they were 2 - 19%. What years or Presidents are you talking about?

geez dude, look up 2010-2020. The rates in the 1970s and 1980s were caused by Carter and his lib policies.

 

[John Edgar Slow Horses]

geez dude, look up 2010-2020. The rates in the 1970s and 1980s were caused by Carter and his lib policies.

One, no, Carter was having to put up with inflation because of the oil embargos by the GOP's friends.

Then give us the percentages from 2006 to 2023.

 

[Crepitus]

Fuck off. Spot it yourself.

A simple "no" would have sufficed.

 

[John Edgar Slow Horses]

A simple "no" would have sufficed.

bripat is very childish.

 

[Crepitus]

bripat is very childish.

And none too bright either, from the observable evidence.

 

[John Edgar Slow Horses]

View attachment 817789

30-Year Fixed Rate Mortgage Average in the United States | FRED | St. Louis Fed

View data of the average interest rate, calculated weekly, of fixed-rate mortgages with a 30-year repayment term.

fred.stlouisfed.org

Liar.

Todd, you are confused. Again.

 

[Toddsterpatriot]

Todd, you are confused. Again.

The Banker's idiocy is very clear.