US Mortgage Rates At 7.32%, Up 154% Under Biden (As Fed Fights Soaring Bidenflation)

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, CMBS, CRE, Credit, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Housing, Inflation, Mortgage, Natural Gas, New Home Sales, Oil, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve 1 Minute

Biden’s magic trick was to turn the economy into a train wreck.

Example? The 30-year mortgage rate was 2.88% on Biden’s inauguration day (January 20, 2021). They are now 7.32%, a 154% increase under Biden.

The US economy is suffering from knucklehead energy policies, reckless Federal spending and rampant inflation.

Here is Joe Biden doing economic magic tricks, turning a vibrant economy into an inflation-ravaged one.

And why I won’t watch of subscribe to Peacock.

Published by confoundedinterest17

Published