### Comment:
I don't know about 1%, but mortgage rates are rising and rising, while wages stay the same. Market is bearish, , yield curve is inverted just like it was before 2008, it really looks pessimistic.

### REPLY:
Rates just rose within the past 2 years. People hold 30 yr mortgages. So compare 2 years of variable increasing interest rates to what now 8 years of 0%? In which banks are scrambling to get people to increase but they aren’t caving

### END.