Bidenonomics - 30 yr Fixed Mortgage Interest Rates Hits Highest in Over 20 yrs

[Thunk]

Wait until the banks start recalling home loans...THAT is when things get really interesting!

Pay back the entire loan by tomorrow or we foreclose on your house!

 

[Billiejeens]

Massive inflation, high interest rates, millions of goddamn Illegals flooding our borders, massive crimes in the Democrat controlled big city shitholes, decreased family income, dismal economic growth, artificial high cost of energy, increased poverty, astronomical debt with nothing to show for it and a weaken inept queer and tranny military. That doesn't even include a stolen election, major corruption in the White House and the country being turned into a Banana Republic by the filthy ass Leftest turds.

Yea, thing are going great. Really great.

You are making some of those things sound bad.

 

[Nostra]

Tater is taking a sledgehammer to the incomes of working folks.

 

[Doc7505]

Only Joe Biden and his pimp Garland can be trusted

Everyone else belongs in jail or is crazy

View attachment 818550

Thank God Joe is there to save us all.

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Once again proving that the inmates are running the asylum.

 

[Votto]

They would really like to reel in all those independent type people living in the rural areas who are sitting on acres of property. Its usually medical reasons that bring them to eventually live closer to town.

I think they want to see that process sped up.

Yes, they want everyone to live in the major cities because you see how Left wing and fanatical the voters become there.

 

[sealybobo]

One of the worst consequences of Potatohead's massive inflation is that interest rates are almost three times higher than when Trump was President.

This is a tremendous hit on American families trying to get affordable housing or even a vehicle. That is in addition to the tremendous increase in food and just about everything else.

The damage done by Potatohead getting away with stealing the 2020 Presidential election compounds.



The interest rate on the most popular U.S. home loan last week shot to the highest since December 2000, helping drive mortgage applications to a 28-year low, a survey showed on Wednesday.
The Mortgage Bankers Association said the average contract rate on a 30-year fixed-rate mortgage climbed 15 basis points to 7.31% in the week ended Aug. 18. That came after yields on the government bonds that influence home-loan rates surged to the highest since the 2007-2009 financial crisis.

US 30-year mortgage rate soars to highest since 2000

Interest rates are coming down. I tried to get a 5 or 3 year at 5.5% they said no. Those don’t exist anymore. Only 7 month.