The current mortgage rates are quite fair considering inflation.
The mortgage rates were artificially low under Trump’s last years because of Covid money creation.
We know how to get lower mortgage rates:
“Warren Buffett...constitutional amendment...any time there is a deficit of more than 3 percent of the Gross Domestic Product, all sitting members of Congress will be ineligible for re-election”
You’re buying more than a house, you’re also buying votes for Democrats.
Bfl
On a busines news segment thins morning they were talking about a report out from the Federal Reserve Bank at San Francisco, with a study they did that projected the effects of the Fed’s rate increases will take a decade at least before they are no longer influencing financial decisions.