BREAKING: Average interest rate on a 30-year mortgage rises to 7.75%, the highest since November 2000.
— The Kobeissi Letter (@KobeissiLetter) September 22, 2023
This officially more than a whole percentage point above the 2008 highs.
Mortgage rates are now up 500 basis points in just over 3 years.
The payment on a $500,000 mortgage… pic.twitter.com/O8K2dIE1ST
From our sister site MetroPulse.net on today’s current Federal report on DEBANKING
https://twitter.com/MetroPulseUSA/status/2110493276054724996