Average credit card interest rate 22.2%; 30-year mortgage rate 7.38%.
Average credit card interest rate hits new record high 22.2% pic.twitter.com/1RcUKBNGP3 — zerohedge (@zerohedge) July 10, 2023 The US 30-year #mortgagerate has spiked to a new high of 7.38%. This is the highest level in more than 22 years. It does not require rocket science to figure out that the spike will have a massive …