Reddit – Dive into anything

Further banks are requiring much more cash upfront for loans currently and the higher the interest rate the more cash they’ll require.

It’s still up to 20% of total house price. The housing market has been slightly deflating so, if anything, this number is reduced. Loans don’t require more than 20% so there is no more cash upfront that’s required.

Monthly payments are what’s going up though.

All of this is squeezing the money supply. The fed is walking a tight rope right now.

This is what the Fed wants. They want the economy to cool so it brings down inflation. I don’t know why anyone is surprised here. The only thing wrong is that the belief that low interest rates – rather than corporate gouging – is what’s primarily responsible for this specific post-2020 COVID inflation.