Quote:
Originally Posted by Jayhawk
The average 30-year fixed-rate mortgage in the United States has been 6.81% as of May 16, 2025, according to Trading Economics. Since 1971, the average has been 7.71%, with rates fluctuating significantly over time.
|
If we hit that norm, we should see interest rates around 10%. That would be great for CDs and bonds. There is always a positive side. Cash on the sidelines may be the way to go.