Posted on 01/23/2025 2:20:07 PM PST by JV3MRC
The ABC, CBS and NBC evening news networks completely ignored new damning data that bookended Bidenomics as arguably the dumbest set of economic policies the U.S. experienced in its history.
So much for all the media kerfuffle about how President Donald Trump was inheriting a Biden economy in tip-top shape.
The Wall Street Journal reported January 16 that “Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales.” The data on the 30-year fixed mortgage, which was released January 16 by Freddie Mac, “marked the first time since May that it rose above 7%, an important psychological threshold for buyers and sellers,” according to The Journal.
(Excerpt) Read more at newsbusters.org ...
Why aren’t the LA fires being covered 24/7.
This is probably the largest, ongoing American disaster of this duration since television was created, and yet the MSM seems remarkably disinterested.
Meh, anyone with the slightest interest in mortgage rates knows.
Well they buried the South Carolina/TN hurricane news even more.
Now you would expect the CA fires to be constant news since it is primarily liberals being affected, but it also showcases just how inept the Democrats have been running CA for the past 20 years...
“MSM seems remarkably disinterested.”
Greasy gov. newscum is their boy.
...because nobody is watching?
Market-driven mortgage rate variance is just a protective form of risk management of a valuable resource.
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