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I'm still not sure how comes we have inflation closing in to 10% but banks are willing to give me mortgages under 3%. Somebody is getting suckered here, and I s
by smsm42 5y ago
I'm still not sure how comes we have inflation closing in to 10% but banks are willing to give me mortgages under 3%. Somebody is getting suckered here, and I suspect it's me, but I am not sure yet how.
> Somebody out there is getting a 2.75% cash flow in a 7% inflation environment
Everybody with cash savings, I guess. Savings rates are abysmal for a while now. Otherwise, not sure.