Buying a house or a car on loan is far more expensive than it would have been a year and half ago. A $500,000 house in 2021 would cost $2,000 a month at 2.75% interest and 20% down. Today same that payment is $2,800 or 40% more expensive at 7.75% interest.

Note that mortgages are not what companies pay for loans.

https://fred.stlouisfed.org/series/BAMLH0A3HYCEY

CCC bonds yield is the “low-quality” bond market, and is closer to what you might expect a no-profit internet company to be borrowing money at. 2021 was 6%ish interest rates, but today is ~12%+.

But 2016 was ~18%+ rates, its much more volatile than the mortgage market.