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re: Will mortgage rate ever go back down?

Posted on 5/30/23 at 3:31 pm to
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1549 posts
Posted on 5/30/23 at 3:31 pm to
NOPE. THEY WILL NEVER COME DOWN! EVER!!

In reality, no one knows. MOst people "think" they will settle around 5-6 eventually.

I just bought 3 acres of land for my future homestead and don't care about rates until time to build in about 24 months. Currently sitting on 3.125 rate with current home.

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