Mortgage Loan Interest Rate Drop Causes Millennials to Re-Crunch Same Apartment Math
In a shocking twist that has left the internet both relieved and hysterical, the Federal Reserve's latest mortgage loan interest rate cut has triggered a viral wave of Gen Z and Millennial renters firing up their calculators, only to discover that the modest savings—roughly $43 a month—still leaves them $800,000 short of a down payment in any major city. Meme historians are calling it “The Great Reset,” where the punchline remains that your coffee budget could afford 0.0001% more of a cardboard box under a bridge.