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Posted
On 8/23/2022 at 9:40 PM, Kaptain Karl said:

Having a sorrow smoke…BRUTAL times in the mortgage industry right now. Lots of people losing their jobs because the fed kept mortgage rates artificially low for a year too long. I’ve been joking that the industry is in the midst of the French Revolution with heads rolling down the street, it’s a bloodbath. 

Reading a book that says given current condition we have a 1/6 chance of having an actual one of those happen. 😥

On the plus side book says it should only last half a decade and whoever survives will be ok 🥲

Edit: but yeah hang in there Capt'n!

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