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The Fed Thinking That They Are Smarter Than the Market, Right?
The fed is thinking that they are smarter than the market, right? They are the ones turning the dials in each direction. And so people are wondering, ok, they raise the interust straight. How does that affect me? Were about to tell you how it affects you. We massive mathematically. Yet, you put 30 % down on something that doubled, now it worth half. So you've technically put 15 % down on the original price, right? You're screwed. That exact same home under by and at a seven % rate would be 23 29 per month. That's almost a one thousand dollar per month difference. Each family is spending 13 to 14 hundred dollars per month