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

Posted on 10/19/22 at 9:40 am to
Posted by OU Guy
Member since Feb 2022
9461 posts
Posted on 10/19/22 at 9:40 am to
Just remember what high rates due to our gov huge deficit

Three month T-Bills now trading in the 4.17% range.

Street stat :

Every 100bp increase on interest rates = $230bln increase in annual interest costs to federal govt
Posted by UncleFestersLegs
Member since Nov 2010
11091 posts
Posted on 10/20/22 at 3:34 am to
quote:

Just remember what high rates due to our gov huge deficit
correcton: debt not deficit. the elephant in the room that these "muh 15% in 1980" folks are ignoring
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