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A comment on U.S. mortgage interest rates jump to 6.52%, highest since mid-2008. Parent comment

Re:U.S. mortgage interest rates jump to 6.52%, highest since... by ubiquitysc on Wednesday September 28, 2022 @02:03PM (#33011114)
I'm also from a small southern college town and the housing market has been absolutely absurd for the past decade or so. It's always seemed like football fans looking for vacation homes and retirees were buoying it.
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Re:U.S. mortgage interest rates jump to 6.52%, highest since... by hollywood_court on Wednesday September 28, 2022 @02:26PM (#33011424)
I believe they play a part here as well. My own home has increased in value ~$160k in 3 years. We’re ready to leave this town. The college kids and the retirees make it an absolute chore to live here.
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