1995 1st home 🏡 bought at 9% interest rate. Refied 2 yrs later at 7%. This is what happens when you keep 0% interest rates frim 2009 to 2018. This is gettin back to a more normal rate structure.
Reposted from
Deborah Lynn
www.cnbc.com/2025/04/11/m...
Mortgage rates hit 7% due to Trump’s tariffs
The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%
…”you just lived through the worst week you’ve ever seen in terms of the jump in 10-year yields”
Mortgage rates hit 7% due to Trump’s tariffs
The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%
…”you just lived through the worst week you’ve ever seen in terms of the jump in 10-year yields”
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