Posted on 03/19/2022 7:17:21 AM PDT by Browns Ultra Fan
The news just keeps getting worse and worse. Russia is still assaulting Ukraine, WTI Crude prices are above $100 a barrel and climbing, the Cleveland Browns signed Deshaun Watson to replace Baker Mayfield at quarterback, etc.
But back to energy prices. Since Biden was sworn-in as President, WTI Crude Oil futures are up 125%, regular gasoline prices are up 89%, and diesel fuel prices are up 155%. Diesel is important since America uses diesel-powered trucks to transport goods to market.
Globally? The world inflation rate has grown from 2% in January 2021 to 6.82%. Global food prices are up 24%.
Yes, WTI Crude and Brent Crude are above $100 per barrel.
And coal prices are up 256% under Shoeless Brainless Joe.
Mortgage rates? Bankrate’s 30-year mortgage rate is now above 4.50%.
Let’s see if Dr. StrangeFedpolicy raises rates as aggressively as signaled.
(Excerpt) Read more at confoundedinterest.net ...
Biden IS the best friend Putin and Xi could ever have he saves the time and money to destroy America.
But remember, the pedophile clown and his ho that “81 million voters” chose to run this chicken coop isn’t responsible for any of that sh*t. Trump and Pooty Pooh did it.
Precious metals have gone way up and thefts are rampant.
Brandon’s goal is to destroy America. There’s no other way to explain what he’s doing.
Yeah, but we got the mean tweet guy out of the WH, so Stephen Colbert, Whoopie Goldberg, Chuck Todd, and the other cool people are happy. Of course they’re all multi-millionaires, but that hardly matters.
Mortgages over 4.5%? Wow, they are escalating.
I refinanced last year. I know I didn’t hit rock bottom, but refi at 2.99% fixed.
Mortgage rates rising might cool down the housing markets, we’ll see.
Then again, we hear a lot about cash offers, which won’t depend on anyone getting a mortgage.
I can still remember my 12.5% mortgage from the 80s...
Don’t forget the 100,000 illegals a month crossing over from across the globe!!! Including terrorists!! This should infuriate everyone! Abbott and the republican state reps are FREAKIN useless! POS globalists!!
That’s not fair! You’re only talking about the negative things Biden has done. What about his generous donation of 84 Billion dollars worth of state of the art equipment he gave the Afghan Taliban? He may have closed the Keystone Oil Pipeline but he has widened the Southern Border illegals/humansmugglers/fetanyldealer pipeline. He has the military more “woke” and studying “white rage” and gender pronunciation and that has to count as something. And look at the profits he’s made for Big Pharma industry!!! These are guaranteed profits with lawsuit immunity. We are at record high spending and printing money, so he’s not just a do nothing President. Next, he will stop ALL crime with a new Gun Control Bill. That’s gonna be big.
I remember those too. I did not have property then but my fellow employees did and it was the conversation EVERY day at lunch.
I can still remember my 12.5% mortgage from the 80s...
That was the FHA rate on the first property I sold as a Realtor in 1984.
And oh by the way, people will be wishing for oil as low as $120 by June.
We were paying 18% on our booking orders, and still kept solvent. Somehow.
Browns Ultra Fan :" Biden IS Brainless Joe.
Watch Putin and Xi bully this weak, demented fool."
If this was a school report card, what grade would you give Biden ?
‘Baker Mayfield’
I’m really doing to miss his commercials where he lives in the stadium, LOL!
I predicted to Beau that Baker was going to get booted quite a number of months ago. ;)
Where will he live, now? *SMIRK*
“Then again, we hear a lot about cash offers, which won’t depend on anyone getting a mortgage.”
I lost my ‘Dream House’ back in the 90’s that way. I was all set to go; had financing in hand and someone swooped in with cash. :(
It must be pretty wild for you in San Diego. I used to live in Imperial Beach from 1980-82. Just rented then.
I know of two young families, (WI & TX) who ended up building new because there were NO ‘next step up’ homes available to them. Luckily, they got lower rates from 2 years ago, so they can afford it.
Both sold their current ‘starter homes’ in about 15 minutes flat! One was offered $50K OVER asking price.

Well, the little paste-eating bastard has pretty much lived up to my expectations. If the nukes fly, he’ll have exceeded them.
And just think how much Biden will accomplish during his second term.
Looking back in my records, the price of diesel began its climb IMMEDIATELY after plugs was immaculated and has not paused since.
I just filled the truck yesterday. Only 10.6 gallons since February 8. Doesn’t matter but I keep records of every fill-up since the truck was new in 2003.
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