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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 RogerTheShrubber
Juneau, AK
Member since Jan 2009
263330 posts
Posted on 10/19/22 at 9:05 am to
quote:


Interest rates were NEVER supposed to be ZERO forever


Exactly. Rates had to rise at some point. There will always be tradeoffs and adjustments to get to some market equilibrium.

The market favored investors for too long.

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