@FluentInFinance@mastodon.social
2026-09-15 13:26 UTC
30-year mortgage rates just hit 7.17%
A $500,000 mortgage over 30 years:
$1,891/month at 2.17%
$3,384/month at 7.17%
That’s $537,500 more for the same home
And the odds of a Fed rate hike this week are 92%
Homeownership has become a luxury
Replies (1)
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@spanghero@ioc.exchange 2026-09-15 13:45
@cheesewz@universeodon.com @FluentInFinance@mastodon.social but when the owners get progressively more greedy and believe they are gods things start to fall apart in quick order as people with nothing to lose start setting fire to things.