Monday, September 26, 2022
HomeInvestmentSlowdown! US 30Y Mortgage Charge Declines To five.28% Regardless of Fed Charge...

Slowdown! US 30Y Mortgage Charge Declines To five.28% Regardless of Fed Charge Hikes (World Recession Alert!) – Funding Watch


by confoundedinterest17

After breaking the 6% barrier again in June 2022, Bankrate’s 30-year mortgage fee has backed-off to five.28% regardless of Federal Reserve fee hikes.

The rationale for the decline within the US Treasury 10-year is, amongst different issues, a world financial slowdown (partly because of the US and Europe “going inexperienced” and chopping the availability of fossil fuel-based vitality). As a substitute of “The Nice Reset,” I name it “The Nice Financial Suicide.” The ten-year US Treasury yield and Bankrate’s 30-year mortgage fee are declining with declining international GDP.

We’re apparently now not allowed to say the phrase “recession,” so let’s name it a SLOWDOWN.





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