Supply Chain Shortages and Inflation

[SilverEagle]

Something just hit me. What is the combination of double digit inflation (no way it's as low as the government reported 8%) and rapidly rising mortgage rates (now over 7%) doing to those with adjustable rate mortgages?

They’ll be wiped out just like 2008.

But nobody has bought ARMs since 2008 either.

Exactly and thank God!

[Martin Hash]

Something just hit me. What is the combination of double digit inflation (no way it's as low as the government reported 8%) and rapidly rising mortgage rates (now over 7%) doing to those with adjustable rate mortgages?

They’ll be wiped out just like 2008.

But nobody has bought ARMs since 2008 either.

Exactly and thank God!

10% of all mortgages are ARMs. That alone will crash the market, and there’s a bunch more with 5-year ReFi’s.

[SilverEagle]

They’ll be wiped out just like 2008.

But nobody has bought ARMs since 2008 either.

Exactly and thank God!

10% of all mortgages are ARMs. That alone will crash the market, and there’s a bunch more with 5-year ReFi’s.

It’s not that high and no where near the level of pre 2008 levels. Just the big bump in interest rates dropping purchasing demand is more than enough to busty the housing bubble.

[The Conservative]

Exactly and thank God!

10% of all mortgages are ARMs. That alone will crash the market, and there’s a bunch more with 5-year ReFi’s.

It’s not that high and no where near the level of pre 2008 levels. Just the big bump in interest rates dropping purchasing demand is more than enough to busty the housing bubble.

It's 10%

https://themortgagereports.com/93472/ad ... rends-2022

[TheOneX]

ARMs will go up as interest rates go up. It doesn't make sense to get an ARM when interest rates are low, like they have been since 2008. It makes much more sense when they are high, like they are trending now. That 10% number is from mid-2022 when interest rates were already going up. As they get higher more people will get ARMs as they are more likely to benefit in the future when interest rates drop again.

[C-Mag]

Globohomo's working on monopolizing Grocery Stores
The Albertsons and Kroger Merger Faces Legislative Scrutiny as European Company Ahold Assembles Competitive Bid
https://theconservativetreehouse.com/bl ... itive-bid/

If you are not sure how you feel about this, here is the only information you need.

a $24.6 billion merger deal between Kroger and Albertsons supermarkets. The majority stockholders in both companies are institutional investment groups, Blackrock, Vanguard and Cerberus.

[Martin Hash]

If you are not sure how you feel about this, here is the only information you need.

Blackrock, Vanguard and Cerberus.

The ESG enforcers (WEFers)

[SilverEagle]

10% of all mortgages are ARMs. That alone will crash the market, and there’s a bunch more with 5-year ReFi’s.

It’s not that high and no where near the level of pre 2008 levels. Just the big bump in interest rates dropping purchasing demand is more than enough to busty the housing bubble.

It's 10%

https://themortgagereports.com/93472/ad ... rends-2022

New, not existing. ARMs that were closed a year ago and before would be the ones in real danger.

[SilverEagle]

ARMs will go up as interest rates go up. It doesn't make sense to get an ARM when interest rates are low, like they have been since 2008. It makes much more sense when they are high, like they are trending now. That 10% number is from mid-2022 when interest rates were already going up. As they get higher more people will get ARMs as they are more likely to benefit in the future when interest rates drop again.

Exactly! Thanks!

[The Conservative]

It’s not that high and no where near the level of pre 2008 levels. Just the big bump in interest rates dropping purchasing demand is more than enough to busty the housing bubble.

It's 10%

https://themortgagereports.com/93472/ad ... rends-2022

New, not existing. ARMs that were closed a year ago and before would be the ones in real danger.

Even if it's 5% of 2 Trillion dollars total, it doesn't matter, it will hurt.