re: Average interest rate on 30 year mortgage rises to 7.59%, highest since December 2000

quote:

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Same way we did it in post-9/11 2001/2002.

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Good times. I was a young Realtor and newly minted spec home builder/contractor then and remember 2003/04 was when the market really started to gain steam and for 3'ish years it was insanity. You could not have a pulse and get a mortgage at 110% LTV.