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Yes good points. I saw this chart on Twitter. Seen a lot of comments about how interest rates are low still compared to historically and especially the 90s. But....the level of mortgage debt is incomparably higher now and even rates of 4-5% can have a horrible impact on many families...

What are people's views on how high interest rates will go in the next 12 months? Officially into a recession today, albeit 0.1% contraction. Raising interest rates is exactly what you do not want to be doing in a recession, as it further dampens the economy and deepens the downturn. But I...

Similar position here too. I hope so, it doesn't get paid until completion does it so hopefully can benefit from whatever the announcement is Sent from my SM-G973F using Tapatalk