2min chapter

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The Fed is Making a Mistake (EP.252)

Animal Spirits Podcast

CHAPTER

Mortgage Rates - The Biggest Spread Since 19 79

This is the highest year for year change in 30 or mortgage rates since 19 79. Michael from 19 70 to two thousand eight, mortgage rites were never as low as they are to day. That means nothing to people that are buying a house right now, because housing reces has never been higher. I think with rents going up, don't quote me on this, it's probably still cheaper to buy a house then rent.

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