BREAKING: Average interest rate on a 30 year mortgage rises to 7.59%, its highest since December 2000.
— The Kobeissi Letter (@KobeissiLetter) September 21, 2023
With interest rate cuts now no longer expected until September 2024, it is likely we see 8% mortgages soon.
On top of the Fed holding rates higher for longer, US deficit… pic.twitter.com/viC8IIYUOx
Interesting business stuff as the IPO and merger world evolves in a brave new world
https://www.semafor.com/newsletter/09/08/2026/semafor-business-the-taxman-cometh?utm_source=headernewsletterlink&utm...