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Is Twitter Dead? (EP.316)

Animal Spirits Podcast

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The Future of Mortgage Rates

The average 30 year fixed rate mortgage jumped to 7.22% last week, according to Freddie Mac. If the Fed keeps raising rates and the economy keeps rocking a little bit, is 8% actually a possibility here now? "I did a cow feed bet for 8, 8% last year," Ben Sutter says. The whole structure of debt and its economy is predicated on low rates that will pull rates lower at some point either through crisis or anemic growth", he adds.

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