Damn sure wont be from mortgages.
We are literally one week out from closing on our new construction. We signed for the home at 3.85%, by the time we were able to lock the rate it was 5.9%. Now 7 days from close, there is no sod, no toilets, no shutters, no appliances, 5 holes in the wall from where they punched through looking for thermostat wiring.
Luck sure would have it that our lock only lasts until Oct 3rd, and now interest rate is over 7%. If we dont close by the 3rd, we will lose the house and still owe them $12 fucking grand for having to walk away from the home.
I fucking hate the god damn Democrats and Biden administration for fucking everything up.
Its all on god damn purpose too.