XPost: alt.fan.rush-limbaugh

Mortgage Rates Rise to 6.79% in
the Wake of Trump’s Presidential
Victory
Nov 7, 2024

Mortgage rates rose from 6.72% last
week to 6.79% for a 30-year fixed
home loan for the week ending Nov. 7,
according to Freddie Mac.

This shift comes after the presidential
election, which has “the potential to
influence mortgage rates in both the
short and long term,” says Realtor.com
senior economic research analyst Hannah
Jones in her report.

“While it’s not always 100% clear what
markets are thinking, they could be
expecting a combination of stronger
economic growth, more fiscal spending,
as well as higher prices and inflation
because of more tariffs and lower taxes,”
explains McLaughlin.

https://www.realtor.com/news/real-estate-news/mortgage-rates-election/

Good news. More problems for Trump to fix.

Tax cuts and tariffs should do the trick, it'll all trickle down to y'all one day.

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