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yes at the way rates are going... 8% on a 30 year mortgage? Are you kidding me? that's insane.

What's insane about it? 8% is a pretty normal rate, historically speaking. The average rate for a 30 year fixed mortgage since 1971 is 7.76%

https://fred.stlouisfed.org/series/MORTGAGE30US

Insane considering current prices. Which is really to say that current prices are insane. They won't stay that way if interest rates don't go down again soon.

Yup. Prices will lag rates, and the market is already seeing significant softening

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