[shotgun]

Highest mortgage rates since the halcyon days of Obama and highest inflation since the Jimmah Cahtah.

Thank you Joe. Now FOAD.

[Alberta's Child]

I’m genuinely surprised that there are a lot of seemingly intelligent people on FR who are old enough to have a good historical perspective on these things … and yet they still get on here and peddle all kinds of panic and doom over the wrong things.

Take the “soaring” mortgage rates posted in this article, for example. There was a time when homeowners would have refinanced their existing mortgages to get DOWN to the 5.29% rate cited here.