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

Posted on 9/21/23 at 9:09 pm to
Posted by slackster
Houston
Member since Mar 2009
85232 posts
Posted on 9/21/23 at 9:09 pm to
quote:

I'd also like to send a big frick You to the Fed for screwing over all the first time homebuyers.


Not exactly all their fault. Lots of parties to blame on both sides of the aisle.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167599 posts
Posted on 9/21/23 at 9:13 pm to
quote:

Not exactly all their fault. Lots of parties to blame on both sides of the aisle.



Yes, but the Fed trying for the soft landing is just prolonging the agony. Especially for the middle class. It feels like we should have ripped the bandaid off just to get it over with.

The soft landing looks more and more out of reach anyway.
This post was edited on 9/21/23 at 9:14 pm
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