- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Will the anticipated 3 rate cuts jump-start residential home sales this year?
Posted on 3/22/24 at 12:29 pm
Posted on 3/22/24 at 12:29 pm
(no message)
24
Posted on 3/22/24 at 12:31 pm to Zachary
quote:
anticipated 3 rate cuts
Didn't powell throw cold water on this ?
Posted on 3/22/24 at 12:32 pm to Zachary
they're way late on these cuts
this is affecting much more than home sales
commercial real estate investors can't wait for the rate cuts
this is affecting much more than home sales
commercial real estate investors can't wait for the rate cuts
This post was edited on 3/22/24 at 12:32 pm
Posted on 3/22/24 at 12:32 pm to Gifman
If so, I missed it. Not sure.
This post was edited on 3/22/24 at 12:34 pm
Posted on 3/22/24 at 12:32 pm to North Dallas Tiger
quote:
they're way late on these cuts
Nope
If anything rates should go higher
Posted on 3/22/24 at 12:33 pm to Zachary
There was 1.129 million home const starts last month
so things are picking up. Rate cuts won't hurt but I doubt we get them because they hate moves in election season.
Fed should of raised in late fall 2020 and did not.
so things are picking up. Rate cuts won't hurt but I doubt we get them because they hate moves in election season.
Fed should of raised in late fall 2020 and did not.
Posted on 3/22/24 at 12:33 pm to Cosmo
quote:my investment holdings disagree
If anything rates should go higher
Posted on 3/22/24 at 12:33 pm to Zachary
Maybe I'm just an economic dumbass, but it seems like, in modern market history, mortgage rates and home prices seem to roughly balance each other out, when it comes to total monthly payment.
My parents bought a starter home in the early 80s at something like 13%. Now they are multimillionares.
My parents bought a starter home in the early 80s at something like 13%. Now they are multimillionares.
This post was edited on 3/23/24 at 3:53 am
Posted on 3/22/24 at 12:35 pm to Zachary
Are home sales hurting?
Rate cuts are going to just cause inflation to take off again and make home sales get stupid. They don’t need to cut rates.
We need a slow drop in consumer spending, auto sales, home sales, etc.
Rate cuts are going to just cause inflation to take off again and make home sales get stupid. They don’t need to cut rates.
We need a slow drop in consumer spending, auto sales, home sales, etc.
Posted on 3/22/24 at 12:35 pm to Zachary
No rate cuts, and there likely shouldn't be.
Posted on 3/22/24 at 12:35 pm to Zachary
No, because MBS rates aren’t affected by SOFR. That’s without considering builder profitability.
Posted on 3/22/24 at 12:36 pm to Gravitiger
quote:basically correct
mortgage rates and home prices seem to roughly balance each other out, when it comes to total monthly payment.
Posted on 3/22/24 at 12:36 pm to Zachary
I for one hope rates stay the same or even nudge higher. I’m finally getting some return on my cash. Rates should have never been allowed to drop as low as they did.
Posted on 3/22/24 at 12:36 pm to Zachary
Just buy now and refinance when they cut - Bimbo real estate bitch wanting her 6%
I hired you because I’m forced to and you have big tits. Not because I need advice on how to manage my finances.
I hired you because I’m forced to and you have big tits. Not because I need advice on how to manage my finances.
This post was edited on 3/22/24 at 12:51 pm
Posted on 3/22/24 at 12:37 pm to Zachary
Maybe. Lots of people deciding not to give up low rates they secured in the last 5-10 years, so they stay when they might have considering moving, keeping inventory low.
This is kind of where we are. We probably wouldn’t move anyway, but the rate environment makes it not even a discussion when one of us brings up the possibility.
This is kind of where we are. We probably wouldn’t move anyway, but the rate environment makes it not even a discussion when one of us brings up the possibility.
Posted on 3/22/24 at 12:37 pm to North Dallas Tiger
quote:
commercial real estate investors can't wait for the rate cuts
Can confirm. I have a friend who says his real estate portfolio is bleeding and that a quarter percent cut in rates would mean almost $200,000 per month to him.
Posted on 3/22/24 at 12:38 pm to Zachary
It certainly will
I have talked to several agents who are confirming what I suspect
Buyers are just sitting back and waiting for the rates to drop
I have talked to several agents who are confirming what I suspect
Buyers are just sitting back and waiting for the rates to drop
Posted on 3/22/24 at 12:44 pm to North Dallas Tiger
quote:
hey're way late on these cuts
Rates have been kept unnaturally low for too long.
Posted on 3/22/24 at 12:52 pm to CoachChappy
Until inflation is 2% or lower, rates do not need to be cut.
Posted on 3/22/24 at 12:56 pm to tenderfoot tigah
Rates need to go up. Bleed out the excess of the last 15 years when the ridiculous zero percent interest rates were allowed to occur. Prices adjust accordingly, and if people have too much leverage that has to be worked out of the system. The Fed cannot continue penalizing savers and encouraging endless exponential increases in debt. Inflation is the ultimate silent tax and that's clearly going to be the choice from the government as a tool to monetize debt instead of right sizing spending.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News