30-year fixed rate mortgages are BAD--for bankers, that is.
https://www.nytimes.com/2023/08/25/opinion/fixed-rate-mortgages-inflation.html?unlocked_article_code=ScO4EIHpDHPNS8TpGgp_axajjQbjyefz9GurAB4JUhP0wag5v2lovfsLHYtbqZuU-mXTMbfvrx7j9QJQpHUDs4s0TDUiW8TofLCNRXSThu92EgJDtIvs0i28YkspGZPZrgJ6fMVIOZEbLeGQxwqC8odqFhmnF6BfPze-RbbUhyX50z-3BVbBpnafR-I2NQHcOTDhS1YbrnGmLnI5l1VgYC_mA0dagbUC-f8qK31-WPQyvLVkv0P9tc5mnAhPoK8KjkFVcnWpAzkd6QImbWJaO-ToIIArzRccwOn9yjX0DOwin2MxGp3mXNP1P7BfuZFxFDmqppF4ofbjsDzsBXB_dKxs_hAZ5VxN&smid=url-share
The New York Times · Opinion | America Has a Mortgage Problem
