“Same thing with households. The vast majority of mortgages…” — Chat With Traders at 18:58
“Same thing with households. The vast majority of mortgages in America are 30-year fixed rate mortgages. And so when folks either bought homes for the first time or refinanced, were one of the 14 million homeowners who refinanced in the two years around the pandemic, they locked in low rates, not for six months, not…”
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