Posted on 03/01/2022 5:31:11 AM PST by Browns Ultra Fan
As someone who needs to move to Ohio, I would really appreciate it if mortgage rates would more closely follow the 10-year Treasury yield. But alas, Bankrate’s 30-year mortgage rate just rose to 4.30% as the US Treasury 10-year yield dropped -8.2 basis points.
Europe. Middle East and Africa (EMEA) sovereign yields are all down over 10 basis points averaging around -15 bps.
Ukraine’s 10-year yield has plummeted by -48.3 bps this morning.
The anticipated meeting between Russia and Ukraine on Belarus soil was a failure. Likely due to Belarus showing-off their modern air force capabilities.
(Excerpt) Read more at confoundedinterest.net ...
He will say we all have to sacrifice, so consider the high mortgage rates your facing and soaring gas prices as you doing your part to punish Putin.
He’s confused about the bankrate average. If the normal lenders don’t post due to the crazy of the last few days that does not mean you use the average of those who did. Zillow had 3.87, that is inline with the 10 year dropping.
4% interest on a 30 year note is great considering inflation is probably running 15% and annual deficits will continue at $3-4T for the foreseeable future. The fed has painted itself into a corner. Rates will rise eventually and the fed will be road kill watching the explosion saying “nobody could have seen this happen”.
One has to wonder if Fanny May is the only one buying notes?
“He will say we all have to sacrifice”
He will say that white people will have to sacrifice since they are more likely to be sympathetic to Putin.
You heard it here first.
Tonight's STU "reading" will be full of BS. How approving BBB will help this inflation and it's the GOP fault for not passing it. How high energy prices are a sign that we need to REDUCE OUR CONSUMPTION and given the climate change we must accelerate our move to non-fossil fuels. Never in a million years will he call for increased production and lifting of the environmental handcuffs on more production. Then, he'll say how he led the world against Putin, even though it was Zelinsky who rallied the world. Then he will say how great our economy is, the state of our union is strong! Not ONE word about the Border crisis. He'll say how we are beating Covid, but it's "too soon" to claim victory and we still need to follow the CDC which has lower approval ratings than Brandon.
Sounds right. Do you think anyone knows that the 1965 Immigration Act has made America far less white, and that that was it's intention?
They thought they overpaid, especially in comparison to a year ago. But houses in the area have already gone up 5+% since Thanksgiving (in the dead of Winter - unreal). Between that and the current rates, if they had waited until now, their mortgage payment would have been 15% higher.
I bought a house shortly after the carter years. 14.5% interest when I bought, and that was a bargain. 4% would’ve seemed like a steal.
That fat murdering alcoholic ted kennedy was the architect of that bill and, yes, the objective was to collapse this Christian nation by mongrelizing the people and culture.
How much more “help” will Americans want?
Federal government has a very narrowly defined role. The entire intent of the US Constitution is to basically confine government and empower the states and citizen. Every government bureaucracy and agency has been working overtime trying to get around any of these restrictions and in fact today you may as well take the entire Bill of Rights and throw them away.
Name me one right that you still have that has not been abridged (free speech?, your privacy and no illegal searches and seizure? due process? a trial by jury?)?
https://www.archives.gov/founding-docs/bill-of-rights-transcript
What government is good at is a war on drugs. What has it achieved? When will it end?
Creating a TSA for 9 billion per year where everyone flying has to pay a tax. How many terrorist have they caught since their inception and when will that end?
Creating a Department of Education. Have standardized tests, SAT or ACT scores risen since this new government agencies inception? Are math, reading, writing skills, getting better? When will it end?
Gubbermint is a leach. It lives off its host and at some point the leach gets so big and hungry that it impedes the organism it's living off of.
Government is needed, but it's best kept small and limited in scope. Folks already understood that concept 275 years ago, but the modern liberal and conservative don't understand this anymore. Not even the so-called conservatives believe in limited and small government, they just have different pet spending projects and different themes where they feel government should intrude in peoples lives.
+1000
BTW Lou, since 1965 conservative Republicans have controlled the presidency for 32 years and the political levers of congress for nearly that long. During that time they have accomplished NOTHING to change this nation destroying immigration scheme.
I don't like Reagan. In addition to the above, he outlawed private ownership of machine guns that had been manufactured after '86. I always figured he must have had a machine gun collection and was ready to sell them.
I was, at that time, shopping for a 9mm Uzi. Ray's Guns in Louisville, KY, had one for $1600. I hesitated and then came Reagan.
That gun is about ten times that price, now.
When our Founding Fathers drafted the Constitution, they clearly intended for us to have the same weapons our Masters carried. Good luck with that now.
That machine gun ban was tacked on to an otherwise-good bill as a last-minute attempt to derail it, and it failed.
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