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re: NY FED survey: Americans expect mortgage rates to rise to nearly 10% in the next three yrs
Posted on 5/16/24 at 9:17 am to Covingtontiger77
Posted on 5/16/24 at 9:17 am to Covingtontiger77
Rates should have gone to 10% immediately when inflation hit. This tick for tack, thread the needle, soft landing stuff is BS.
You have to make it hurt to fix the problem.
You have to make it hurt to fix the problem.
2
Posted on 5/16/24 at 9:39 am to Veritas
quote:
You have to make it hurt to fix the problem.
Agree. But the administration said this was all transitory. So they ignored it.
What a world.
Posted on 5/16/24 at 12:05 pm to Veritas
quote:
Rates should have gone to 10% immediately when inflation hit. This tick for tack, thread the needle, soft landing stuff is BS.
You have to make it hurt to fix the problem.
100%. I have been saying this
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