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re: Mortgage rates fall below 7% for the first time in months

Posted on 12/15/23 at 2:19 pm to
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 12/15/23 at 2:19 pm to
Why do y'all think my comment is pulling against America (assuming that was directed at me)? I work at a lumber yard and my livelihood is very correlated with housing/rates so diving into this topic is useful to me. I'm not tied to these views and welcome any contrarian opinions that prove otherwise.

Business/credit cycles play out and the evidence seems to show that the pain happens after the fed cuts... I'm here to learn and engage in productive discourse because I'm sure there are some brighter minds in the room. If that's pulling against America I guess we'll just start pumping dogecoin again or something so we can sweep real conversation under the rug.
Posted by VolSquatch
First Coast
Member since Sep 2023
2136 posts
Posted on 12/15/23 at 2:24 pm to
IDK about anyone else but I wasn't talking about you at all, moreso the hyper politicized people who get off on bad (or good) economic data that supports their views instead of just looking at it for what it is.
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