Bidenomics just battered the housing market. Mortgage rates surge past 6%.

[MarathonMike]

The last economic refuge from Bidenomics has been real estate. But now that mortgage rates have jumped to over 6%, housing demand has fallen off a cliff. Good luck to all these next 2 years.

Mortgage Rates Surge To 6 Percent | Bankrate

An astonishing turnaround in mortgage rates has seen the 30-year double in short order.

www.bankrate.com

 

[Rambunctious]

Thank God I saw this coming... I slipped in under the tag baby....
SAFE at the plate......

 

[Rambunctious]

Oh and one more thing for all of you Biden voters....

 

[two_iron]

Everything they touch turns to shit.... and then dies.

 

[MarathonMike]

Everything they touch turns to shit.... and then dies.

You have to give them credit for being thorough. They set out to destroy America and they couldn't be doing a better job. The border, the economy, foreign disasters they covered all the bases.

 

[Biff_Poindexter]

Oh no, another mortgage bubble is about to pop......
Well on the bright side -- we can always blame it on poor people....

 

[RoshawnMarkwees]

Everything they touch turns to shit.... and then dies.

By design.

 

[Silent Warrior]

Oh no, another mortgage bubble is about to pop......
Well on the bright side -- we can always blame it on poor people....

Nah. Blame it on poor leadership in DC.

 

[22lcidw]

Oh no, another mortgage bubble is about to pop......
Well on the bright side -- we can always blame it on poor people....

Biden has been an Insurrectionist since his globalist derived coronation.

 

[August West]

Biden has been an Insurrectionist since his globalist derived coronation.

Is that what it`s called when you get your ass kicked here every day? A globalist derived coronation. That`s pretty funny.

 

[Bootney Lee Farnsworth]

Oh no, another mortgage bubble is about to pop......
Well on the bright side -- we can always blame it on poor people....

I prefer to blame it on black people.

 

[Resnic]

I bought my first house when trump was president. Mine is like 3.2% which isn't too shabby. Course I still have a ways to go on it but at least I'm locked in, for now. I wouldn't be surprised if I get a letter saying my house has been reevaluated or something to kick up the interest.

Housing market sucks and my area used to be almost entirely just houses so people took care of their property for the most part. But this year apartments are being built at a insane rate everywhere. Which is going to suck because it will mean a lot more people in my area and renters at that who don't care about the community or anything.