WOW

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

September 21, 2023

BREAKING: Average interest rate on a 30 year mortgage rises to 7.59%, its highest since December 2000.

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
— The Kobeissi Letter (@KobeissiLetter) September 21, 2023

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