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BumRushDaShow

(167,455 posts)

16. I remember when one of my sisters bought her 2nd house back in 2003

Reply to peppertree (Reply #14)

Fri Jun 10, 2022, 02:47 PM

Jun 2022

she was able to slide in with a mortgage that had bottomed out at around 5.25% before the rates started back up again. I remember a car note that was in the 8% range back in the late '80s.

I think we have gotten a bit "spoiled" with the low rates although what often hits the most are the credit cards rates that never go below the 25% "usury" rate despite all the so-called "0% introductory rate" offers (with tiny print stipulations ) that they all do.

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Inflation surges more than expected as CPI rises 8.6% in May [View all] mahatmakanejeeves Jun 2022 OP

From the source, the U.S. Bureau of Labor Statistics: mahatmakanejeeves Jun 2022 #1

From WaPo breaking (Fed meets next week) BumRushDaShow Jun 2022 #2

Thanks, and good morning. I've got another thread going up right now. NT mahatmakanejeeves Jun 2022 #3

Great visual as always - although Bush lied LIKE A RUG about inflation in his calamitous 2nd term peppertree Jun 2022 #14

I remember when one of my sisters bought her 2nd house back in 2003 BumRushDaShow Jun 2022 #16

I hear you. The era of low inflation and rates seems to be over (hopefully, just for now). peppertree Jun 2022 #20

And just what the media needed to knock the J6 hearing off the front page! durablend Jun 2022 #4

From the BLS Twitter account: mahatmakanejeeves Jun 2022 #5

Watch out, June will be even WORSE than May unless things change drastically oldsoftie Jun 2022 #6

Fed is going to keep raising rates IronLionZion Jun 2022 #7

A few more links progree Jun 2022 #8

Thanks. I was expecting Marty Walsh to deliver a statement, but I haven't seen anything yet. mahatmakanejeeves Jun 2022 #9

Figure should be revised.. Permanut Jun 2022 #10

Meat prices are expected to tumble soon progree Jun 2022 #11

Unless this turns around before 2024, Dems are in trouble, regardless of not being their fault. OverBurn Jun 2022 #12

+1 peppertree Jun 2022 #13

The party in power takes the heat. Period The Mouth Jun 2022 #15

Republicans actually do cause this to happen. rockfordfile Jun 2022 #18

Yes they do The Mouth Jun 2022 #22

+1. "It's the economy, stupid" dalton99a Jun 2022 #17

not good... myohmy2 Jun 2022 #19

'Catastrophically bad' inflation report is boosting chances of a 75-basis-point interest-rate hike mahatmakanejeeves Jun 2022 #21