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The rate has skyrocketed by 14 percentage points since 2020 and has surpassed the 2006 Housing Bubble peak of 38.1%. It is now only below the 47.5% record set in 1981 when mortgage rates were as high as 18%. Meanwhile, the average rate on a 30-year mortgage has risen by 100 basis points since September, to 7.1%, near the highest since July. Buying a house has rarely ever been so expensive. submitted by /u/XGramatik |
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Quantum computing stocks crash after AI godfather Jensen Huang exploded the quantum computing bubble w/3 lines:
“If you said 15 years for very useful quantum computers, that would probably be on the early side. If you