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re: Average New home price biggest drop since 2008

Posted on 8/3/22 at 9:59 am to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51816 posts
Posted on 8/3/22 at 9:59 am to
Just think, the new .75 increase hasn't had time to filter out into the economy yet and we likely have at least another .5 increase coming by the Fed's November meeting.

Realtors over the next six months or so...

Posted by hawkeye007
Member since Feb 2010
5892 posts
Posted on 8/3/22 at 12:46 pm to
home interest rates actully didnt go up after the last fed raise. very suprising
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64225 posts
Posted on 8/3/22 at 1:11 pm to
quote:

Just think, the new .75 increase hasn't had time to filter out into the economy yet and we likely have at least another .5 increase coming by the Fed's November meeting.


Mortgage rates aren't tied to the federal funds rate (aka "the fed"). They are tied to the yield of the 10 yr Treasury Note.
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