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re: 30-year fixed-rate mortgages reach 7.15%

Posted on 10/19/22 at 9:05 am to
Posted by Tomatocantender
Boot
Member since Jun 2021
4977 posts
Posted on 10/19/22 at 9:05 am to
quote:

What policy of Biden's has driven the 30 year fixed to these levels? I


Oh I don't know, maybe we can start with Potato's very first day in office when he shut down oil transportation pipelines and federal oil leases. You know, the single most independent commodity that drives our economy and doesn't send inflation through the roof causing Powell to raise 50 and 75 basis points at every FOMC meeting to tame runaway inflation and energy dependence on really bad world stage players that hate our guts.
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