Remind me again: what happened in 2008?

July 24, 2023 10:03 am by CWR

Sharing is Caring!

Two weeks ago, mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.22%, the highest since early November.

Read more: https://t.co/u4PbafMSad

— unusual_whales (@unusual_whales) July 21, 2023

See also Unlike 2008, we have both a historically overpriced housing bubble AND stock market bubble.

See also We are on the same rate-cut path as 2007. Remember what happened in 2008? Powell becoming extra-hawkish likely means the labor market is about to crack

h/t Simian_Stacker