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re: Predicting a 30 year mortgage rate around October 2022?

Posted on 12/10/21 at 6:54 pm to
Posted by FlyingTiger1955
Member since Jan 2019
5765 posts
Posted on 12/10/21 at 6:54 pm to
Home values will definitely go down if interest rates get that high again. The 15.5% was due to Carter. Inflation was also double digit. Fun time to enter the workforce.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
75123 posts
Posted on 12/10/21 at 6:56 pm to
quote:

Home values will definitely go down if interest rates get that high again.


Interest rates will never get that high
If they do values will be 80k like when you bought your home during the Carter days

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