There it is.
— The Kobeissi Letter (@KobeissiLetter) October 18, 2023
For the first time in 23 years, 8% mortgage rates are officially back.
Less than 3 years ago, the average rate on a 30-year mortgage was just 2.6%.
The median monthly payment for homebuyers will cross $3,000 this month.
We are paying the price for "free" money… pic.twitter.com/A3XWtHZqdh
Hmmm
https://www.dailymail.com/yourmoney/article-15792341/warren-buffett-berkshire-hathaway-cash-pile-starting-worry-wall-str...