Nicole Lapin
speaker
12,527 appearances
64 recordings
1 series
first heard Sep 2025
last heard yesterday
Nicole Lapin’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 61 in all, peaking in Oct 2025 with 11.
Appearances
I think it's actually doing its job, which is telling Washington the truth that nobody else will.
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A 10-year yield near 5% is not a crisis, it's a bill, and it's a big one.
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I don't see it coming down in any meaningful way until either the deficit shrinks or inflation does.
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And right now, neither one is happening.
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Either way, if your plan for 2026 was built on rates falling, it's time to rebuild the plan.
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Okay, one small piece of good news.
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Remember the rule of thumb mortgage rates equals the 10 year plus two points.
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That extra two points is the lender's cut.
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And right now it's sitting at right where it normally does.
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In other words, lenders aren't really piling on extra fees because they're scared.
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Your mortgage rate is high for one reason and one reason alone, the tenure is high.
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That is the whole story.
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So take the win where you can get it.
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Now some perspective, because I think we've collectively developed amnesia about what normal interest rates look like.
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In The Money School, I talk about how rates were basically set to zero after the 2008 housing crisis and again during the pandemic as emergency measures.
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Emergency measures, not the default setting.
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In the 1990s, mortgage rates hovered between 7 and 10%.
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In the early 1980s, they blew past 18%.
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18 frickin' percent.
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So when people act shocked that a mortgage rate starts at 6%, I kind of get it emotionally, but historically, that is closer to normal than the 3% rates we got spoiled with a few years ago.
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Showing 441–460 of 12,527 · page 23 of 627
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