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A comment on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks. Parent comment
Regardless of high or low rates, banks borrow low and lend high, and live on the difference.
High rates, if you want to express yourself in those terms, a transfer of wealth from people with debt to people with assets.
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Regardless of high or low rates, banks borrow low and lend high, and live on the difference.
High rates, if you want to express yourself in those terms, a transfer of wealth from people with debt to people with assets.