[Browns Ultra Fan]

With Barack O'Biden running this country into the ground and the disgusting level of corruption in Washington DC, I will be surprised if we even have a midterm election this year.

[Lockbox]

Forty years ago today, U.S. mortgage rates hit 18.5%.

[babble-on]

Every accusation is a confession.

[Lazamataz]

and Fed rate hikes helped crash the housing market in 2008.

Factually incorrect. What crashed the housing market was bad paper; unqualified people in mortgages that then got bundled and sold to this firm or that investor.

[Mogger]

Mortgage interest rates should be around 7%.

That way, CDs can yield 5% with the bankers getting 2%.

A lot of retirees counted on pulling their money out of stocks, buying CDs and living off the interest.

Since they can't, they are hanging onto as much of their money as they can and slowly spending the principal.

If they could get 5%, a LOT of money would start flowing that is now being held.

[Go_Raiders]

“They can’t tame the inflation beast in the form of food and energy prices (unless they crash the economy)...”

Complete and total Bullcrap. Those would instantly drop by unleashing the energy sector (and suspending all State and Federal taxes on fuel and energy) and removing all subsidies for NOT growing crops.