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

The Unfrozen Cave � � HARRIS/Xiden Administration � Morning Update: Bankrate�s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%)

#1 | Morning Update: Bankrate�s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%) datum

Sat May 28, 2022 11:44 am

Morning Update: Bankrate�s 30Y Mortgage Rate Rises Slightly To 5.29% (Housing Rents UP 16.4% YoY, Gasoline UP 92% Under Biden, Food UP 60%)
https://confoundedinterest.net/2022/05/2...den-food-up-60/
confoundedinterest17 #bubble, #wine, China, CMBS, CRE, Economy, Existing Home Sales, Fed, France, Gold, Housing, Inflation, Jobs, Mortgage, Natural Gas, New Home Sales, Oil, Pension, Powell, REITs, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yelllen May 27, 2022 1 Minute

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

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.

It hurts to be in the middle class under Biden. -- excerpt, rest at link above --

"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."

- J. R. R. Tolkien

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