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I think in this thread it’s worth posting out that interest rates aren’t actually high historically. They’re pretty normal. They were just wildly low for around
by Grombobulous 3mo ago
I think in this thread it’s worth posting out that interest rates aren’t actually high historically. They’re pretty normal. They were just wildly low for around a decade or so.
If you look at a 30-year fixed mortgage chart, the <6% rate situation only existed between roughly 2008 and 2021. At no other time in the history of the 30-year fixed rate mortgage was it ever that low. Ever.