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A comment on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks. Parent comment

Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by MGriisser on Thursday April 28, 2022 @02:13PM (#31196074)
It seems pretty premature to say that mortgage interest rates that happened barely over a year ago won't happen for a few decades.

You could have looked at interest rates below 3.5% in 2013 and said the exact same thing; that was the lowest interest rate in over 40 years!

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Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by llampx on Thursday April 28, 2022 @02:52PM (#31196650)
I am absolutely sure. Look at inflation, for one. We haven't seen these inflation numbers since the 1980s, and this is in just 2 years since the biggest central banks opened the money spigots. I'm a millenial so I don't relish it, but "you ain't seen nothin' yet."
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