Yes, Gas Was Cheaper and Mortgage Rates Were Lower in 2020

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2024-10-25 22:00:07

Aviral online post compares interest rates and gas prices before and after Biden’s presidency. “Remember how on November 5th, 2020 gas was $1.80 a gallon and interest rates were 2.75%,” the post reads. Another reads: “Friendly PSA: Gas Was $2.30 A Gallon And Interest Rates Were 2.75% Back On January 20th, 2021.” The posts’ broad claims are correct: Interest rates and gas prices were lower before Biden’s presidency. However, the numbers cited in the post are not precise...

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