I'm guessing you're on the #younger side - after #GenX, anyway?
These interest rates are actually normal. The last 20+ years of artificially-low #interest rates were the actual madness, and caused an incredible amount of economic damage. Our insane #wealth #inequality is largely due to the government suppression of interest rates.
When economic times were actually tough - think late 80s / early 90s - mortgage rates were 16% or even 18%. Car loans were 22+%. I was there.