FOXNEWS Tucker Carlson Tonight June 4, 2024 05:37:00
So if the fed rate is high, you have a a high base interestfectv rate, effectively the price youa can pay for the house drops because you now have to pay more interest, which means that if you've got a fixed monthlyoun payment, you can afford to buy f a house for less money. it effectively drops the pricese of houses. thi yes, things is the kind of thing that tends to accelerate. >> so so then you can get negative equity in the home marketarke as well. and so so if banks end up bot having loan losses in both their commercial and theyhave l definitely can have a looat less than their commercial...
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