Open post gary_alderson @gary_alderson@infosec.exchange · 2mo ago Replying to @FluentInFinance@mastodon.social The 30-year Treasury yield just hit its highest level since 2007, and mortgage rates are now nearing 7%. A $600,000 mortgage now costs almost $1,500 more each month than it did in 2021. And that’s before property taxes, homeowners insurance, HOA fees, maintenance, utilities, or a single repair. @FluentInFinance@mastodon.social the spec ranch still looks good, real estate is going south for a while but no wonder, it was and still is a huge bubble #reo #sheriff's sale # preforeclosure #short sale #hud #fannie may #freddie mac