Domain: tiger-web1.srvr.media3.us Ouch! 275k Jobs Added in February | Page 3 | Money Talk
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re: Ouch! 275k Jobs Added in February

Posted on 3/10/24 at 7:48 pm to Bard
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
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Posted on 3/10/24 at 7:48 pm to Bard
quote:
How many of the middle and lower classes bought a new car or home since rates went to above 5.5% or so?


new car? Sure.


New house for those groups since prices and rates have skyrocketed? Very few.

A gigantic percentage of current 30 year mortgages are at rates of 4% or below. And more houses are bought with cash than ever.
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