Mortgage rates top 7% for first time in a year
2 Sep 25 · 3d ago · 4 posts · 1 source · development 2 of 2
Mortgage rates reached 7% for the first time in a year. Treasury yields recently touched levels not seen since just before the 2008 financial crash, with further rate increases expected on credit cards, auto loans, and other borrowing.
“Just weeks out from midterms that are shaping up to be a bloodbath for Republicans, Trump and his minions are resorting to blaming Biden every opportunity for the fact Americans are deeply dissatisfied with the economy. But the fact of the matter is that Trump has no one to blame but himself.”
Aaron Rupar, Public Notice editor · mastodon ↗
Donald Trump U.S. PresidentFederal Reserve Central banking authority
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Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by Mastodon, 3d ago · also Public Notice
What people said 3 voices · verbatim
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At a campaign rally in Arizona almost exactly two years ago, Donald Trump promised that interest rates on home mortgages would fall if he was again elected president. “Today the mortgage rates are at 10 percent, 11 percent, 12 percent,” Trump said at the rally, incorrectly inflating rates that were around 7 percent at the time. “We will drive down…
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"Just weeks out from midterms that are shaping up to be a bloodbath for Republicans, Trump and his minions are resorting to blaming Biden every opportunity for the fact Americans are deeply dissatisfied with the economy. But the fact of the matter is that Trump has no one to blame but himself."
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New in PN: There’s one guy to blame for Americans’ economic discontent It ain't Biden. https://www. publicnotice.co/p/trump-econom ic-policy
All 2 developments of Trump's mortgage rate promise unfulfilled as rates hit 7%… →
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