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re: 30-year fixed-rate mortgages reach 7.15%

Posted on 10/19/22 at 10:10 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
170270 posts
Posted on 10/19/22 at 10:10 am to
quote:

Maybe. Not sure why you are so angry that im providing a reason why rates will drop





Inflation will not be contained in Q1. I will bet you anything on that. There is no way rates are below 5% as you are predicting.

FYI, earlier this year Fannie predicted rates would drop in Q4 of this year and the opposite happened.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
78474 posts
Posted on 10/19/22 at 10:17 am to
quote:

Inflation will not be contained in Q1. I will bet you anything on that. There is no way rates are below 5% as you are predicting.



I agree
But if Oct is a better number than the insane one from last Oct then it will seem that it is
2 more Fed hikes as well

Lacy Hunt was talking about this
This post was edited on 10/19/22 at 10:20 am
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