HomeBusinessFinanceRates For 30-Year Fixed Mortgage Hit Highest Level Since 2008
Rates For 30-Year Fixed Mortgage Hit Highest Level Since 2008

What is the stock market outlook amid recent selling? "I think recession is borderline inevitable. Mortgage rates are skyrocketing even as home prices are moving higher. That is a massive hindrance for consumer spending. The stock market does not have to go down another 20% as we could be at the worst point right now. Valuations remain to be a positive light," says Kevin Rendino. 180 Degree Capital (TURN) price is down 14.9% in 2022.

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