Posted 4/20/2022 06:50 (#9622224 - in reply to #9622048) Subject: RE: What if the fed doesn't get inflation under control
% interest rate is not the driving factor when purchase price has increased to crazy levels.. interest costs is a larger proportion of the transaction.
A 3% increase in interest would double some interest payments. A 3% increase when rates were 12% increased interest only 25%.