Nah man 0.001% to 0.002% really? Would anyone describe the yield of t-bonds as astronomical at 1.44%? Nobody would even care if banks passed on fed rate to consumers, imagine getting the joy of getting 0.5% up from 0.25%
I wonder what happens when rates return to more historical territory?
Perhaps we’ll adopt shrimp marketing. “Mortgage rates are now jumbo collassal!”