Mortgage rates drop as inflation drops

Theywillneverlearn! said:
That is still 100% more than it was last year. You uneducated welfare collecting fuck.
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You really have no idea what’s going on here huh


They were raised to tame inflation


That inflation was created by GLOBAL CONDITIONS


The Biden fix is proving to be working just as planned


We are healing much faster than the rest of the world


Utter PROOF Biden was correct
 
evince said:
You really have no idea what’s going on here huh


They were raised to tame inflation


That inflation was created by GLOBAL CONDITIONS


The Biden fix is proving to be working just as planned


We are healing much faster than the rest of the world


Utter PROOF Biden was correct
Click to expand...

STFU you uneducated fucking drug addict cat lady.
 
evince said:
You really have no idea what’s going on here huh


They were raised to tame inflation


That inflation was created by GLOBAL CONDITIONS


The Biden fix is proving to be working just as planned


We are healing much faster than the rest of the world


Utter PROOF Biden was correct
Click to expand...

The Biden fix? Are you totally stupid or what? The feds raise rates when inflation is high, thus higher mortgages. What,...you think that BIDEN started that?


:magagrin:
 
evince said:
You really have no idea what’s going on here huh


They were raised to tame inflation


That inflation was created by GLOBAL CONDITIONS


The Biden fix is proving to be working just as planned


We are healing much faster than the rest of the world


Utter PROOF Biden was correct
Click to expand...

It's not working...
 
Theywillneverlearn! said:
That is still 100% more than it was last year. You uneducated welfare collecting fuck.
Click to expand...
So? It only means that people will put more money down on a house/car and have a lower payment.

As it should be. People who cannot afford a house, should not buy one. I'm loving the higher interest rates that allow me to earn money on my cash.

6 month CDs are paying almost 5%. There's nothing wrong with that.
 
Althea said:
So? It only means that people will put more money down on a house/car and have a lower payment.

As it should be. People who cannot afford a house, should not buy one. I'm loving the higher interest rates that allow me to earn money on my cash.

6 month CDs are paying almost 5%. There's nothing wrong with that.
Click to expand...

Because everyone in this Biden inflation has extra monies right? Snicker.
 
Stone said:
The Biden fix? Are you totally stupid or what? The feds raise rates when inflation is high, thus higher mortgages. What,...you think that BIDEN started that?
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This inflation has little to do with interest rates/spending.

The Fed has no control over Chinese supply chain issues. Nor does it have control over record profits by American oil companies that are no better than OPEC now.
 
Althea said:
This inflation has little to do with interest rates/spending.

The Fed has no control over Chinese supply chain issues. Nor does it have control over record profits by American oil companies that are no better than OPEC now.
Click to expand...

??????????????????????????????????????????????????????? Dude, take a basic economics course.
 
Deshipoo......Feds raise rates to cool economy which cools demand which slows inflation. No,....NOT the Biden plan,....you MORON YOU.
 
Theywillneverlearn! said:
Because everyone in this Biden inflation has extra monies right? Snicker.
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It's not Biden's inflation and you know it. trump's tariffs on American consumers immediately raised prices on numerous items, and created shortages in the appliance industry. The auto industry followed once China shut down and chips disappeared from the market.
 
Althea said:
This inflation has little to do with interest rates/spending.

The Fed has no control over Chinese supply chain issues. Nor does it have control over record profits by American oil companies that are no better than OPEC now.
Click to expand...

Then why the fuck does the fed keep raising the rates since this HORRID inflation began? Just for the fuck of it? Stay in your lane poser.
 
Stone said:
Deshipoo......Feds raise rates to cool economy which cools demand which slows inflation. No,....NOT the Biden plan,....you MORON YOU.
Click to expand...
Biden allocated billions for chip manufacturing here, which will eventually reduce our dependence on China. Auto industry is in bad shape due to the chip shortage.

The only short term fix would be to force U.S oil companies to produce more. Do you think POTUS should have that power?


We need a Fed oil program to compete with the private sector.
 
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