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re: interest rates on home mortgages wont fall anytime soon

Posted on 7/25/23 at 4:31 pm to
Posted by Ricardo
Member since Sep 2016
4926 posts
Posted on 7/25/23 at 4:31 pm to
quote:

The issue now isn't the rates, which are still reasonable relative to historic norms, it's that house values have skyrocketed.


Joe Biden, would say that wages have gone up to compensate.

I mean, yeah, if you're making $50/hr, then you're okay. But for a lot of people, they are nowhere near that.
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