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re: The average 30-year fixed mortgage rate jumps to 7.50%

Posted on 4/16/24 at 3:04 pm to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52026 posts
Posted on 4/16/24 at 3:04 pm to
quote:

It's going higher. Think Carter and Reagan eras ...



If we were calculating CPI the same way we were in 1980, the inflation we saw last year would have topped the inflation from back then. With that, we're still likely closer to 5% than 2%
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