Wall Street Silver @WallStreetSilv
If Fed takes rates to 4.75%, we could see 30y mortgage rates of 8%… They peaked at 6.5% in August 2008 just before Lehman collapsed… and 8% would not even be extreme in a historic perspective, especially considering that inflation matches the 1970s… Who can afford this? https://t.co/QmwBi0l89b — PolitiTweet.org