In reply to @econompic

Jake

@econompic · Twitter · 2025-03-19 05:29 UTC

@John_Hempton @ActuallyFinance @CliffordAsness @IrvingSwisher @NateGeraci @BullandBaird @cullenroche @Convertbond @realDonaldTrump @choffstein @Me @dopamine_uptake @BoringBiz_ @bennpeifert @Foulke_David HT @LoganMohtashami This is a sneaky all time chart crime as it doesn’t show the number of refi applications have declined ~90% the past 5 years TLDR: if you’re trying to refi from 2% to 7%… you have some credit issues https://x.com/KobeissiLetter/status/1902154301210030459