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Economy

VMA131Marine

(5,056 posts)

4. People forget that...

Reply to mahatmakanejeeves (Original post)

Tue Jul 12, 2022, 09:08 AM

Jul 2022

Mortgage interest rates peaked at 18% in the early 80’s and were above 10% through the early 90’s. The low rates we’ve been experiencing are the anomaly

https://fred.stlouisfed.org/series/MORTGAGE30US

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Rising interest rates are crushing the US housing market: Morning Brief [View all] mahatmakanejeeves Jul 2022 OP

Which is more important: no_hypocrisy Jul 2022 #1

Let me think here, housing prices rising 10-20% a year - NoMoreRepugs Jul 2022 #2

again, tell me something that I didn't know stopdiggin Jul 2022 #3

People forget that... VMA131Marine Jul 2022 #4

There's also this: investment groups are buying inventory, often with cash Auggie Jul 2022 #5

Median house price was 3x median income in the 80s, it's close to 7x now progree Jul 2022 #6

What a great DU sub-forum (group) WarGamer Jul 2022 #7

There's a Personal Finance and Investing group too. mahatmakanejeeves Jul 2022 #8