@yourhomeloansuperhero: correlation does not mean causation Stop thinking that because the fed is going to lower their rate that this means the mortgage rates will go down. That hasn't happened for the last 3 times.... It's still a good time to buy through because sellers are negotiating! so get those seller paid closing costs and buy down the rate! #seattleloanofficer #snohomishloanofficer #yourhomeloansuperhero #homeloansuperhero
Tried to explain this to my grandmother recently. She said I don’t know anything because I’ve never owned a house. (She buys her homes in cash btw)
2024-12-18 20:35:04
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demigodsinc :
Mortgage rates are based on the 10yr. Not the 2yr that the fed controls
2024-12-18 21:43:54
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PeterP75 :
They’re going to issue digital currency
2024-12-19 17:23:11
1
• :
Wrote a blog on substack about this a few weeks ago.
2024-12-19 16:20:14
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Lisa Ortiz :
This is such a great explanation, thank you!
2024-12-19 07:27:46
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jpk2003 :
Sorry if I’m ignorant here, but weren’t mortgage rates reacting more to the only two rate cuts next year (when 4 were expected) than the .25 point cut that Wall Street said was 99% likely to happen?
2024-12-19 08:00:25
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D Hidden :
if administrators don't get it through their heads that the system has to raise all the boats, not just the ones in the rich marina, it won't matter for very long.
2024-12-18 20:22:26
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erika burklund :
hoping things straighten out soon! we are building and locking in in feb. i’m nervous!!
2024-12-18 21:42:24
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Jersey :
We were making progress this month. Looks like I’m never owning
2024-12-18 21:42:18
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Ladiaynoche :
I honestly did not realize this. Thanks for explaining
2024-12-18 20:35:02
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yomamaworksit :
we're going to head towards 8%, it is going to be a very difficult 2025
2024-12-19 13:45:44
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