Why did banks issue 30 year mortgages at under 3% APY? The number literally couldn't go any lower, the one direction interest rates could go was up.

File: 2.03 MB, 215x320, 1678317313210232.gif [View same] [iqdb] [saucenao] [google]

Anonymous Tue May 23 03:43:19 2023 No.55057677 [Reply] [Original]

Why did banks issue 30 year mortgages at under 3% APY? The number literally couldn't go any lower, the one direction interest rates could go was up.

>>	Anonymous Tue May 23 03:45:18 2023 No.55057691 File: 145 KB, 1058x1280, IMG_2544.jpg [View same] [iqdb] [saucenao] [google] >>55057677 Kek

>>	Anonymous Tue May 23 03:51:02 2023 No.55057722 The vast majority of these loan origination places didn't even exist last time interest rates were high. Do you think the joomers that are about to retire care that their bank is insolvent now? Lmao

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance