US Housing Is Simply Unaffordable! 30y Mortgage Rate UP 125.8% Since Biden Took Control In 2021 (Mortgage Originations Then Fell By 74% While Home Prices Rose )

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by confoundedinterest17

US housing is simply unaffordable!

Mortgage rates remain elevated since the Biden Administration took control in 2021. Although under Trump, the rise in the 30-year mortgage rate has slowed. But the 30-year mortgage rate is up 126% since the beginning of 2021 and the “Joe The Boss” Biden administration.

Mortgage originations at large banks declined a whopping 74% under “Joe The Boss” Biden.

Between mortgage rates rising by 126% and house prices rising by 41.5% under “Joe The Boss” Biden.

US housing is simply unaffordable.

Guiseppe “Joe The Boss” Biden.

Actually, this is a photo of Guiseppe “Joe The Boss” Masseria. A New York crime boss assassinated by Lucky Luciano in 1931.

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