@madmoneyoncnbc: @Jim Cramer discusses how elevated mortgage rates have made housing the least affordable it’s been in 40 years.

Mad Money on CNBC
Mad Money on CNBC
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Region: US
Thursday 08 October 2026 19:11:46 GMT
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mikeacker17
mike :
2% mortgages is the reason these houses are insanely overpriced
2026-10-09 13:56:05
186
runwild1972
runwild1972 :
Inflation was caused by Obama/Biden presidency
2026-10-08 22:56:44
9
j.d.rumunski
Jay :
And the homes aren’t worth half its stated value
2026-10-08 21:12:58
326
rstamm373
Rick :
I agree 3% was outrageous. 7-8% is normal. My first mortgage was 8.5 I thought that was great.
2026-10-09 00:40:05
23
jjlaffy
jjlaffy :
Refi @2.7%. 8 years left. Then i retire
2026-10-08 23:50:40
13
billybaroo35
Billybaroo :
7% was the norm for years.
2026-10-09 01:06:39
11
racercw
Racercw :
home prices need to come back down to 2020 prices. the low interest rates inflated home prices.
2026-10-09 14:45:13
6
nickgoodman5
Nick Goodman :
Interest rates are a problem, yes. House prices have also doubled in the last 10 years. Folks that say that they had worse interest rates 40 years ago are absolutely correct. But their purchase price was significantly less and most people holding down almost any full-time job could afford it. The interest rates exacerbate the problem, but it isn’t the root of the issue.
2026-10-09 13:26:07
4
fi_local_mom
Pam_Adkins :
I love my 20 yr 3.5 $600k loan. Secured in 2021
2026-10-23 23:19:02
0
rgup88
RJ :
Selling and buying a trailer in CASH! Don’t need a big home. Just to be around family. Home will be paid off!
2026-10-31 08:26:15
0
tc40093
Tyler :
And prices are still WAYYY too high
2026-10-21 10:11:22
5
cecilh63
Marcus :
It’s absolutely outrageous.
2026-11-01 02:33:02
1
skizoids
Evets :
I’m at 2.625% and this house will be with me tell my grave
2026-10-09 08:31:28
8
djtonymontana1
djtonymontana1 :
7.3 vs 2.6 interest rate !!On a $500,000 thousand dollar house you would end up paying $700,000 vs $200,000 just in interest alone !! That’s insane !!😳
2026-10-25 13:51:17
2
tiktokgolf13
tiktokker❌️ :
I refinanced on that 3% fixed 5 years ago ✌
2026-10-08 22:29:32
9
davo6313
Fast Dad Car :
You still buy new homes in Texas with incentives for 4.25-4.99%
2026-10-10 22:41:59
1
jeffskiklutch
JeffskiKlutch :
3.25 not moving
2026-10-09 01:08:08
22
rooperman
Rooperman :
Truth
2026-10-09 14:39:49
3
lacroixjenkins7
LaCroixJenkins :
Corporations used to give a microscopic fuck; now that’s gone, too.
2026-11-02 01:04:11
1
robesco33
Scott :
Go back 12-15 years and they are the same as they are now so what’s your point
2026-10-09 00:18:00
2
lukemorgan909
Randy :
Rate hikes are the cure for extremely overpriced homes.
2026-10-15 09:43:20
2
chrisdeni777
Chris deni777 :
Mine was 12.99 % in 1990 with great credit.
2026-10-09 19:48:15
5
stegmueller6
stegmueller6 :
The problem isn’t the interest rate. The problem is the average house in the 90s or 150,000 and now they’re 450,000 interest rates in a mid 90s were 9%. Everyone was able to buy a house.
2026-10-09 20:09:41
4
kingcollector8
KingCollector :
People are trying to sell homes for $200k over what they paid 5 years ago. Like come on 🙄
2026-10-22 08:25:18
3
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