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Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.Yeah, I bought a new home last February. My decision, and it is still the correct decision.
But if anyone other than Trump were elected president, I would have been able to refinance and save about $600 per month.
Thanks, Trump.
You don’t seem to understand how any of this works. No big deal. A lot of people don’t. Like Trump, for example.Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.
Do you really not understand that the rise in bond yields is the market's prediction of rampant inflation? Trump has not actually gotten any deal in Gaza done (it's not even done, and of course Trump had nothing to do with it), but he has already caused interest rates to increase by over 25 bps.Yep, excitement in the economy of trump taking office. Fed doesn't know whether to shit or go blind.
Cuts in the fed rate almost always lead to cuts in other rates. The 10 yr T rates will fall and then mortgage rates will fall. Of course you know that soWhat does the Fed have to do with mortgage rates rising? And why would “excitement in the economy” lead to higher interest rates?
The problem is that the tariffs will tank the economy AND lead to higher interest rates. Because the inflation that's coming is not cyclical. It's not a recession. It can't be addressed with lower interest rates. That's because tariffs are an intentional effort by the president to increase prices. And decrease the competitiveness of our exports. Intentionally.Just hang on a little while. All those tariffs will tank the economy so interest rates will be heading down soon.
Speaking of mental/emotional issues, why, months after it was formed by a group of left-leaning posters, do you feel the intense urge to show up and start flinging feces? Do you have self-validation issues that can only be resolved by entering a environment you know is hostile to your opinions and making a spectacle of yourself? What is missing in your existence that makes this seem like a worthwhile pursuit?If you have mental issues, emotional issues over a damn election then I'd suggest you stay off of public boards that offer differing opinions.
BlueSky has biased, agenda-motivated posters just like Twitter. It's rarely a coincidence when video/audio is cropped to small clips.
Yea, I do. I have 3 homes, 2 of which at one point had mortgages, as well as commercial property that had a mortgage. I have refinanced numerous times on those mortgages. While mortgage rates aren't tied to fed rates, fed rates falling has a domino effect on other rates. Play semantics with someone else.You don’t seem to understand how any of this works. No big deal. A lot of people don’t. Like Trump, for example.
Yet the fed has cut rates but bond yields are increasing. Why do you suppose that is?Yea, I do. I have 3 homes, 2 of which at one point had mortgages, as well as commercial property that had a mortgage. I have refinanced numerous times on those mortgages. While mortgage rates aren't tied to fed rates, fed rates falling has a domino effect on other rates. Play semantics with someone else.
LOL... again with wanting a "safe space" where the only opinions welcome are the ones that are "left-leaning."Speaking of mental/emotional issues, why, months after it was formed by a group of left-leaning posters, do you feel the intense urge to show up and start flinging feces? Do you have self-validation issues that can only be resolved by entering a environment you know is hostile to your opinions and making a spectacle of yourself? What is missing in your existence that makes this seem like a worthwhile pursuit?
I lean conservative. I despise Trump because (aside from him being an absolutely vile human being) he is (a) not conservative, and (b) has given a rise to and a voice for shit talkers who now feel like being an absolute asshole is both their right and an acceptable mode of discourse. I would tend to disagree with many here on certain economic and social issues, but I'm emotionally mature enough not to be a jackass.
I find the id-driven need to be a petulant child in public spaces by members of the 'new right' both fascinating and disturbing. Help me understand what is driving this.
because there is uncertainty in the market. the economy is chugging along and inflation is sill a concern. Kind of hard for the fed to keep cutting isn't it? But according to you guys, all these tariffs will kill the economy so not to worry. Won't take long for the tariffs to take their toll and mortgage rates will be back under 5%.Yet the fed has cut rates but bond yields are increasing. Why do you suppose that is?
From what fantasy world does the idea of an independent Kash Patel spring?LOL... forgive me.... I can call out the GOP folks but from my recall... y'all run them off hot, fast and in a hurry.
Hegseth is a joke.
Kennedy is a joke.
Tulsi is a grifter looking to get paid.
The rest are OK. Bondi will be a pain the ass to Trump. Write it down.
Kash Patel is going to get confirmed and make sure he is independent. Watch.
Pace yourself and stop saying the end is near. Try that out.
Hindu KushFrom what fantasy world does the idea of an independent Kash Patel spring?
You are almost there!Cuts in the fed rate almost always lead to cuts in other rates. The 10 yr T rates will fall and then mortgage rates will fall. Of course you know that so
This is not correct. None of it.because there is uncertainty in the market. the economy is chugging along and inflation is sill a concern. Kind of hard for the fed to keep cutting isn't it? But according to you guys, all these tariffs will kill the economy so not to worry. Won't take long for the tariffs to take their toll and mortgage rates will be back under 5%.
Bullshit. I bet your media consumption comes 100% from left leaning sources.I haven't the bandwidth to explain to you why your media diet has rotted your brain, and you haven't the capacity to tell truth from fiction to understand even if I bothered to lay it out straight for you.
I'm sorry you are the way you are.
In all honesty you guys wouldn't know truth if it hit you in the ass because you never step outside the world of the View and maddow. At least I know when fox news is lying.To be honest, wayne has always been kind of a dick, but at least he's grounded in reality and values the truth—unlike roughly 100% of MAGA cultists.