
Outrageous Positive Spin on Negative GDP – Ep 804
The Peter Schiff Show Podcast
00:00
Mortgage Rates Continue to Rise, and That's a Major Implication for the Economy
Mortgages and re finances are plunging. And this has major implications for the economy. Wells fargo just announced major lay offs in its home lending business. Why? Because people aren't able to do any refi. So they don't need all these mortgage agents if people can't refinance their mortgages.
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