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Andrew Lokenauth
@FluentInFinance
I write trusted by 100,000 to get smarter with money, investing, the economy, geopolitics, and decision-making.
Joined March 2021
484 Following    445.9K Followers
The 30-year mortgage is now 7.4%. That's almost 3x the interest rate in 2021. On a $400,000 mortgage the payment goes from $1,600 to $2,800 a month. That’s $420,000 more for the same home. Homeownership has become a luxury.
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BREAKING: 90% chance Fed "maintains" interest rates next week — an all-time high.