[quote]Hyperinflation – 11% mortgage rates return.[/quote] We shouldn’t confuse high inflation with hyperinflation. The latter would result in mortgage rates of at least 100%, and easily 500% and 1000%; or, most likely, no one in their right mind would lend you any money, even at infinite interest rates.
[quote]Hyperinflation – 11% mortgage rates return.[/quote] We shouldn’t confuse high inflation with hyperinflation. The latter would result in mortgage rates of at least 100%, and easily 500% and 1000%; or, most likely, no one in their right mind would lend you any money, even at infinite interest rates.
[quote]Hyperinflation – 11% mortgage rates return.[/quote] We shouldn’t confuse high inflation with hyperinflation. The latter would result in mortgage rates of at least 100%, and easily 500% and 1000%; or, most likely, no one in their right mind would lend you any money, even at infinite interest rates.
[quote]Hyperinflation – 11% mortgage rates return.[/quote] We shouldn’t confuse high inflation with hyperinflation. The latter would result in mortgage rates of at least 100%, and easily 500% and 1000%; or, most likely, no one in their right mind would lend you any money, even at infinite interest rates.
[quote]Hyperinflation – 11% mortgage rates return.[/quote] We shouldn’t confuse high inflation with hyperinflation. The latter would result in mortgage rates of at least 100%, and easily 500% and 1000%; or, most likely, no one in their right mind would lend you any money, even at infinite interest rates.
[quote=Scarlett]Sorry for asking a dumb question, but I am curious how are those rates correlated with the 30yr fixed mortgage rates?[/quote] You question is not dumb at all, and is very relevant. In the long term all interest rates move together, but on a daily, weekly, even monthly, basis, different types of interest rates could move in opposite directions.
[quote=Scarlett]Sorry for asking a dumb question, but I am curious how are those rates correlated with the 30yr fixed mortgage rates?[/quote] You question is not dumb at all, and is very relevant. In the long term all interest rates move together, but on a daily, weekly, even monthly, basis, different types of interest rates could move in opposite directions.
[quote=Scarlett]Sorry for asking a dumb question, but I am curious how are those rates correlated with the 30yr fixed mortgage rates?[/quote] You question is not dumb at all, and is very relevant. In the long term all interest rates move together, but on a daily, weekly, even monthly, basis, different types of interest rates could move in opposite directions.
[quote=Scarlett]Sorry for asking a dumb question, but I am curious how are those rates correlated with the 30yr fixed mortgage rates?[/quote] You question is not dumb at all, and is very relevant. In the long term all interest rates move together, but on a daily, weekly, even monthly, basis, different types of interest rates could move in opposite directions.
[quote=Scarlett]Sorry for asking a dumb question, but I am curious how are those rates correlated with the 30yr fixed mortgage rates?[/quote] You question is not dumb at all, and is very relevant. In the long term all interest rates move together, but on a daily, weekly, even monthly, basis, different types of interest rates could move in opposite directions.
