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unddoch
7 days ago
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The AI boom is making the cheapest smartphones dis...
Similarly, data center loans are starting to make cheap mortgages disappear.
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gonzalohm
7 days ago
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Care to elaborate? Are you saying that because banks are loaning to data centers, the rest of the people are experiencing an increase in mortgage rates?
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francisofascii
7 days ago
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The data center financing is driving up yields. Mortgage rates are based on adding a spread (maybe 2%) to the 10-year tresury (currently at 5.26%).
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idiotsecant
7 days ago
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I think wildly out of control inflation is what's doing that.
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