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Message
re: The average 30-year fixed mortgage rate jumps to 7.50%
Posted on 4/16/24 at 2:25 pm to BuckyCheese
Posted on 4/16/24 at 2:25 pm to BuckyCheese
quote:
The rates we've had for over ten years were ridiculously low.
Way too low.
Same with unemployment. Full employment should be 5-6%, not 3%
Theyre not trying to fix the economy, theyre just trying to win elections.
1
Posted on 4/16/24 at 2:45 pm to RogerTheShrubber
quote:
Same with unemployment. Full employment should be 5-6%, not 3%
We aren’t anywhere close to that, they just cook the books by excluding people. Labor participation needs to go up for us to be anywhere near a real full employment target.
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