Why Your Mortgage Is 7%

Guided Notes (Teacher Key)

The January 2021 low of 2.65 percent against the October 2023 peak of 7.79 percent, and the Treasury math behind it, 4.99 percent plus a 2.80 point spread, stand worked out step by step. The lock-in effect's 80 percent of homeowners below 5 percent carries its full figures.

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