US Mortgage Rates UP 144% Under Biden’s Reign Of Error (Fed Likely To Pause Today But Raise Rates At July Meeting)

by confoundedinterest17

Biden’s “reign of error” is horrific. The inflation caused by Biden’s policies, The Federal Reserve and insane Federal spending has caused mortgage rates to soar 144% since Biden took office.

While The Fed is likely to pause today, but Fed Funds are pricing in a July rate hike.

See also When the CPI comes in hot, even the Bitcoin whales feel the need to pause.

Banks are not going to like another rate hike!!!

See also American consumers are now facing 7%+ mortgage rates, 4%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.