3 ms·
Not disagreeing with the general assessment however let's stick with facts... mortgage rates decreased during much of that period but were still above 6 through
by listenallyall 2y ago
Not disagreeing with the general assessment however let's stick with facts... mortgage rates decreased during much of that period but were still above 6 through most of the 90s and even at the lowest, didn't get all the way down to 2.0%
https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/MORTGAGE30US
- onion2k 2y agoI didn't say mortgage rates. I wasn't saying it was cheap to buy a house. I was saying that buying a house was a better investment compared to interest rates eg putting the money in the bank. I could have made that clearer.