Nothing to see here folks, Bidenomics is Working!
8%, economists say, citing a worrying sign not seen since the Great Recession
Aug. 17, 2023
https://www.marketwatch.com/story/mortgage-rates-could-hit-8-economists-say-citing-a-worrying-sign-not-seen-since-the-great-recession-edf2b4a4
‘Historically, the mortgage-rate spread has only been around this level only during periods of financial crisis such as the Great Recession or the early 1980s recession.’
— Cris deRitis, deputy chief economist at Moody’s Analytics
