>>People are complaining about one-hundredth of one percent? Get back to me when we hit those high-teens double-digit interest rates that highlighted the Carter administration.<<
I was thinking the same. Up until about 10 years ago, you were lucky to get a rate below 8%! And, I remember a friend of mine bought his house with a 14% loan in the late 70s.
This is a bunch “the sky is falling” nonsense about nothing.
Our first home in 1987 we paid 10%. Now we are paying somewhere around 3.5% on a 10 year note. That’s less than what my parents paid in 1962. But every hike will drive buyers out of the market and lower demand.