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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by rocket_surgeron on Wednesday October 26, 2022 @11:53AM (#33345567)
In the context of banking and financing for the entirety of human history, 4.09% is fantastic, outstanding, amazing.

In the context of the last four years it is not. It is "merely" good.

I do not consider the last four years to be the foundation on which to start building assumptions.

Even in the context of the last four years, for auto loans 4.09% is only above average for about six of the last 48 months (Sept 2021 - Feb 2022).

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