7.5% Mortgage Rate BELOW Historical average

[The Banker]

30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

The extremely low rates under Trump were not normal at all, and the sign of a weak and fragile economy. Trump's economy crashed when they tried to raise rates to 2+% in 2018, then they needed to cut rates and start more QE. not good.

Biden has a strong and normal economy with a 7.5% mortgage rate that is still under the 30 year average. Trump had a weak and fragile economy that required weak low interest and mortgage rates. Trump's low interest and mortgage rates are a sign of a bad and weak economy.

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

 

[Hang on Sloopy]

30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

The extremely low rates under Trump were not normal at all, and the sign of a weak and fragile economy. Trump's economy crashed when they tried to raise rates to 2+% in 2018, then they needed to cut rates and start more QE. not good.

Biden has a strong and normal economy with a 7.5% mortgage rate that is still under the 30 year average. Trump had a weak and fragile economy that required weak low interest and mortgage rates. Trump's low interest and mortgage rates are a sign of a bad and weak economy.

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

what was the average for 2001 through 2020 knucklehead?

i hope 15% by next yr

 

[John Edgar Slow Horses]

OP is True.

 

[Manonthestreet]

PRices will collapse soon

 

[Nostra]

Highest mortgage rates in over 20 years.

I love these BIDENOMICS suck sweaty donkey balls threads.

 

[The Banker]

what was the average for 2001 through 2020 knucklehead?

i hope 15% by next yr

From 2001 - 2008, before Bush and the idiot republicans blew up the economy and destroyed America the Mortgage rate was 6-8%, same as we have now retard.

Trump had a weak and bad economy that only survived on low rates and FED fake money printing. His low rates were a sign of weakness.

 

[Rogue AI]

How is seeing a constant increase under clown Biden a good thing?

 

[The Banker]

How is seeing a constant increase under clown Biden a good thing?

extremely low mortgage rates of 3-4%, like we had under Trump are not normal and the sign of a weak economy.
The historical average for rates is around 6-8%, which is what we have now. That is normal and fine.

 

[theHawk]

30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

The extremely low rates under Trump were not normal at all, and the sign of a weak and fragile economy. Trump's economy crashed when they tried to raise rates to 2+% in 2018, then they needed to cut rates and start more QE. not good.

Biden has a strong and normal economy with a 7.5% mortgage rate that is still under the 30 year average. Trump had a weak and fragile economy that required weak low interest and mortgage rates. Trump's low interest and mortgage rates are a sign of a bad and weak economy.

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

^^ okay this has to be a troll account.

 

[theHawk]

extremely low mortgage rates of 3-4%, like we had under Trump are not normal and the sign of a weak economy.
The historical average for rates is around 6-8%, which is what we have now. That is normal and fine.

Of course you bankers want 7+ percent to be “the new normal”.

 

[Lisa558]

Only a leftard could take interest rates that have tripled and that are now pricing the middle class out of home ownership - and make it out as a wonderful sign of an improved economy under Biden.

 

[Rogue AI]

extremely low mortgage rates of 3-4%, like we had under Trump are not normal and the sign of a weak economy.
The historical average for rates is around 6-8%, which is what we have now. That is normal and fine.

So Obama's economy was weak? Just making sure we are clear, as rumor has it you lot might try to force Big Mike on the stage.

 

[Lisa558]

During the prosperous 1950s, my parents got a mortgage for just over 4%.

 

[Moonglow]

During the prosperous 1950s, my parents got a mortgage for just over 4%.

Yes, when you are 100% of the world's reserve currency and the most productive industry due to no destruction during WWII there was more competition to loan monies. I had a student loan with a 1% interest rate that all changed when the US lost its industrial advantage and lost the world's confidence after Nam.

 

[jotathought]

extremely low mortgage rates of 3-4%, like we had under Trump are not normal and the sign of a weak economy.
The historical average for rates is around 6-8%, which is what we have now. That is normal and fine.

Average mortgage rates (30 year fixed) since 2000 have tracked closely with 10 year treasury yields, and it wasn't 6 -8%. In fact, it was an average between 3% - 5%, and you aren't going to paint a rosey picture with Biden's record high over the last 2 decades.

 

[The Duke]

Another day, another "Nothing to see here" "Everything is just fine and dandy" "Biden is doing great" thread by The Wanker.

He's probably started about 50 of these. He's a 1-trick trick.

 

[Remodeling Maidiac]

30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

The extremely low rates under Trump were not normal at all, and the sign of a weak and fragile economy. Trump's economy crashed when they tried to raise rates to 2+% in 2018, then they needed to cut rates and start more QE. not good.

Biden has a strong and normal economy with a 7.5% mortgage rate that is still under the 30 year average. Trump had a weak and fragile economy that required weak low interest and mortgage rates. Trump's low interest and mortgage rates are a sign of a bad and weak economy.

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

Spin all you want. Biden is killing the housing industry.

I have clients that flip million dollar houses and they are dead in the water because of interest rates.

People need to move for various reasons but can't because if they sell their current house that has a 2%+ rate they will lose ALL of their gains when they rebuy at 7+%

You're a fool. And you call yourself banker

 

[The Banker]

So Obama's economy was weak? Just making sure we are clear, as rumor has it you lot might try to force Big Mike on the stage.

Obama inherited the Bush blow up. He inherited the worst economy in generations. His economy was weak, but the same as Trump's. Look at the annual deficit from 2012-2020, it decreased substantially under Obama, and increased substantially under Trump pre-covid.

 

[The Banker]

Average mortgage rates (30 year fixed) since 2000 have tracked closely with 10 year treasury yields, and it wasn't 6 -8%. In fact, it was an average between 3% - 5%, and you aren't going to paint a rosey picture with Biden's record high over the last 2 decades.

Mortgage rate right here, look at the past 25 years...

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

You are misinformed as always

 

[Independent thinker]

30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

The extremely low rates under Trump were not normal at all, and the sign of a weak and fragile economy. Trump's economy crashed when they tried to raise rates to 2+% in 2018, then they needed to cut rates and start more QE. not good.

Biden has a strong and normal economy with a 7.5% mortgage rate that is still under the 30 year average. Trump had a weak and fragile economy that required weak low interest and mortgage rates. Trump's low interest and mortgage rates are a sign of a bad and weak economy.

United States 30-Year Mortgage Rate

30 Year Mortgage Rate in the United States increased to 6.85 percent in December 25 from 6.72 percent in the previous week. This page includes a chart with historical data for the United States 30 Year Mortgage Rate.

tradingeconomics.com

Hunter, Hunter, Hunter, there you go again trying to tell us how great things are while evictions and foreclosures are at all time highs. Of course we know YOU can afford the mortgage rates after raking in millions with the help of your dad.