Bankrate’s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%)

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by confoundedinterest17

US mortgage rates are up slightly this morning. Bankrate’s 30-year mortgage rate survey is up to 5.29%.

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The Biden Scorecard is still a bleak one (for non-elitists). Regular gasoline is UP 92% under Biden, Diesel fuel is UP 110%, foodstuffs are up 60% under Biden, Zillow all-house rents are UP 16.4% YoY.

See also  The Fed bought up $2.7 trillion in toxic waste mortgage backed securities to reinflate the housing bubble and take those bad loans off the books of its Wall Street bankster accomplices. Next up: Powell will let the banksters transfer their non-performing commercial real estate loans to the Fed.

It hurts to be in the middle class under Biden.

 

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