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Mortgage rates creep closer to 6% — the lowest level since early 2023
New York Post ^
| 9/19/2024
| Associated Press
Posted on 09/19/2024 10:08:48 AM PDT by Miami Rebel
click here to read article
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To: Miami Rebel
Because nobody has the money to buy anyway.
2
posted on
09/19/2024 10:09:53 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: dfwgator
3
posted on
09/19/2024 10:11:02 AM PDT
by
No name given
( Anonymous is who you’ll know me as)
To: Miami Rebel
There goes your 5% high yield savings accounts.
To: Miami Rebel
We refied 15 years ago at 2.85 and are within $20k of paying off the mortgage.......we feel blessed to have missed all this mess.
5
posted on
09/19/2024 10:15:20 AM PDT
by
V_TWIN
(America...so great even the people that hate it refuse to leave!)
To: Miami Rebel
You can’t preside over a 4+% rate hike and then credibly claim credit for a half-percent improvement.
6
posted on
09/19/2024 10:16:12 AM PDT
by
alancarp
(George Orwell was an optimist.)
To: Miami Rebel
When it gets below 3%....let me know AP
To: V_TWIN
Hopefully the confiscations won’t start during your lifetime.
8
posted on
09/19/2024 10:18:17 AM PDT
by
xoxox
To: Round Earther
Money has been fleeing money markets. Vanguard Federal has dropped from 5.38% to 5.19% in the past month. In few weeks we’ll be in the low fours.
I’ve been a buyer of corporates. I can get 6.5% to 7% on 2- to 4-year paper.
9
posted on
09/19/2024 10:18:26 AM PDT
by
Miami Rebel
(pro-)
To: xoxox
Yes, I hope America dodges this bullet.
10
posted on
09/19/2024 10:19:08 AM PDT
by
No name given
( Anonymous is who you’ll know me as)
To: xoxox
I’ll burn it to the ground before that shit happens
11
posted on
09/19/2024 10:22:00 AM PDT
by
V_TWIN
(America...so great even the people that hate it refuse to leave!)
To: Miami Rebel
12
posted on
09/19/2024 10:24:43 AM PDT
by
Freedom_Is_Not_Free
(America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
To: Round Earther
I just locked in at 4.0% last month. It feels nice to do something right for a change. I figured rates would come down after the election. I am mildly surprised Powell didn’t wait until November. He is not wrong to lower rates, but it is bad optics right before the election.
13
posted on
09/19/2024 10:26:38 AM PDT
by
Freedom_Is_Not_Free
(America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
To: Miami Rebel
I refinanced my mortgage in 2021 , going from a 30 year fixed 5.75% (from 2003) down to 15 year fixed 3.25% interest.
It’ll never be that low again.
14
posted on
09/19/2024 10:29:55 AM PDT
by
ro_dreaming
(Who knew "Idiocracy", "1984", "Enemy of the State", and "Person of Interest" would be non-fiction?)
To: Miami Rebel
Good news for us. Our house is blessedly almost ready to go on the market.
15
posted on
09/19/2024 10:30:40 AM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: Georgia Girl 2
It is political stunt. You do realize that?
16
posted on
09/19/2024 10:32:38 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: Miami Rebel
That would have looked so cheap for most of my adult life.
17
posted on
09/19/2024 10:40:14 AM PDT
by
SaxxonWoods
(The world is driven by envy, not greed.)
To: central_va
“It is political stunt. You do realize that?”
I don’t agree. It was the right thing to do for the economy and at the right time.
And nobody is going to change their vote because of this anyway.
18
posted on
09/19/2024 10:43:20 AM PDT
by
SaxxonWoods
(The world is driven by envy, not greed.)
To: central_va
Well its always political but taking advantage of it is fortuitous. 😉
19
posted on
09/19/2024 10:47:48 AM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: SaxxonWoods
LOL. Naive. FR used to be a place to go for astute political commentary. Not so much anymore.
20
posted on
09/19/2024 10:48:05 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn...)
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