2min chapter

Animal Spirits Podcast cover image

A Housing Recession (EP.281)

Animal Spirits Podcast

CHAPTER

Is the Fed Going to Start Buying Mortgage Bonds?

The CEO of Lowe's on the earnings call said home mortgage rates have moved up from 3% to over 7%. The monthly cost of buying a new home has more than doubled in the past 10 months. So you know who's in the best position right now? I don't want to get into generational warfare again, but the boomers are in the bestposition for this housing market of anyone.

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