The average 30-year fixed rate reached an all-time record low of 2.65% in January 2021 before surging to 7.79% in October 2023, according to Freddie Mac.
lmao you dork, this would imply Trump is responsible for the 50 year lows and Biden responsible for the major spike
We did it, Joe! We fixed inflation!
With the influence of the Federal Reserve, mortgage rates were at it's lowest in the last 50 years in 2021.
Mortgage rates drops when there is a Democratic president and rises again when there is a Republican president.
Thank you for giving me this opportunity to post these facts.
brb going to a mortgage broker to ask for a '21 special
Why did you wait? You only have the cash now?
If that's the case, you probably should build up more of an emergency before you buy anyway.
I figured that because we had a democratic president, mortgage rates would just keep dropping.
That only happens if you have 4 Democratic presidents consecutively. Get out and vote!
Is this a bit?
It must be...
How many Democratic presidents do you have to elect to get them to stop being genocidal freaks?
Shut up you fuckin dork
Oh boy, I just love being forced to work for 30+ years just to have a roof over my head 🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲
Who has slaughtered more children so far, Biden or Trump?
Trump would have slaughtered at least 5 times more
lmao you dork, this would imply Trump is responsible for the 50 year lows and Biden responsible for the major spike
Did the specific dates just slip your mind?