Seeing people calling for rates at 8% 😬
Discussion
People in the UK are going to be fucked. We don't have 30-year mortgages like most in the US.
I've been reliably told that if you own nothing, you'll be happy.
What's the amortization schedule look like in the UK?
And the normies were calling me crazy for locking in a 2.78% 30YR Fixed. Short the Petrodollar, Long the Zaps ⚡️
Rates could touch 8% for a month lol
Probably. But ultimately they can do whatever they want.
Forever, Laura