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Message
re: interest rates on home mortgages wont fall anytime soon
Posted on 7/25/23 at 3:54 pm to Grad92
Posted on 7/25/23 at 3:54 pm to Grad92
Congress/White House gave FREE money away with no production.
Mortgage/student loans went into forbearance
Extended unemployment at higher then normal pay
Demand went up and supply went down. So prices skyrocketed. Higher rates are to take none out of the economy to return supply/demand back to pre Covid
Mortgage/student loans went into forbearance
Extended unemployment at higher then normal pay
Demand went up and supply went down. So prices skyrocketed. Higher rates are to take none out of the economy to return supply/demand back to pre Covid
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