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re: Will mortgage rate ever go back down?

Posted on 5/30/23 at 3:42 pm to
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16266 posts
Posted on 5/30/23 at 3:42 pm to
quote:

Will mortgage rate ever go back down?


Maybe, but it will probably be a long time before we see 3% again. People in the 70's and 80's would have loved to refinance to current rates.


This post was edited on 5/30/23 at 3:43 pm
Posted by mule74
Watersound Beach
Member since Nov 2004
11318 posts
Posted on 5/31/23 at 12:10 pm to
quote:

People in the 70's and 80's would have loved to refinance to current rates.


My dad loves to tell me how his interest rate was 18% when my parents built in 1983.
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