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US Mortgage Rate Rise To 7.13% As Inflation Remains And Fed Counterattacks
Confounded Interest ^ | 03/09/2023 | Anthony B. Sanders

Posted on 03/09/2023 6:10:48 AM PST by Kaiser8408a

As Americans are painfully aware, inflation is still haunting us. Despite Administration proclamations that inflation is declining, it is rising again. And with rising inflation (and an overheated labor market), The Federal Reserve is in full counterattack mode, withdrawing stimulus and raising rates.

And with Fed tightening comes rising 30-year mortgage rates.

Out of boredom, I watched the Clive Barker film “Hellraiser” and noticed perpertual Democrat Presidential candidate Hillary Rodham Clinton in the cast as the female Cenobite.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: bidenclinton; fed; housing
Uncanny resemblance that would explain a lot.
1 posted on 03/09/2023 6:10:48 AM PST by Kaiser8408a
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To: Kaiser8408a

Here is the 30 year rate that we used to use as a guide. It’s a little lower.

https://www.mortgagenewsdaily.com/mortgage-rates/30-year-fixed


2 posted on 03/09/2023 7:13:57 AM PST by Vermont Lt
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