this post was submitted on 22 Feb 2024
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jokermala We did it, Joe! We fixed inflation!

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[–] IllNess@infosec.pub 1 points 9 months ago (5 children)

With the influence of the Federal Reserve, mortgage rates were at it's lowest in the last 50 years in 2021.

Mortgage rates drops when there is a Democratic president and rises again when there is a Republican president.

Thank you for giving me this opportunity to post these facts.

[–] BodyBySisyphus@hexbear.net 21 points 9 months ago (1 children)

brb going to a mortgage broker to ask for a '21 special

[–] IllNess@infosec.pub 1 points 9 months ago (2 children)

Why did you wait? You only have the cash now?

If that's the case, you probably should build up more of an emergency before you buy anyway.

[–] BodyBySisyphus@hexbear.net 19 points 9 months ago (1 children)

I figured that because we had a democratic president, mortgage rates would just keep dropping.

[–] IllNess@infosec.pub 1 points 9 months ago (2 children)

That only happens if you have 4 Democratic presidents consecutively. Get out and vote!

[–] anarchoilluminati@hexbear.net 19 points 9 months ago (1 children)
[–] ForgetPrimacy@lemmygrad.ml 14 points 8 months ago
[–] Aryuproudomenowdaddy@hexbear.net 15 points 8 months ago

How many Democratic presidents do you have to elect to get them to stop being genocidal freaks?

[–] MayoPete@hexbear.net 16 points 8 months ago

Oh boy, I just love being forced to work for 30+ years just to have a roof over my head 🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲

[–] duderium@hexbear.net 13 points 8 months ago (1 children)

Who has slaughtered more children so far, Biden or Trump?

[–] CyborgMarx@hexbear.net 6 points 8 months ago

The average 30-year fixed rate reached an all-time record low of 2.65% in January 2021 before surging to 7.79% in October 2023, according to Freddie Mac.

lmao you dork, this would imply Trump is responsible for the 50 year lows and Biden responsible for the major spike

Did the specific dates just slip your mind?