A Housing Recession (EP.281)
Animal Spirits Podcast
00:00
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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