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re: Will the anticipated 3 rate cuts jump-start residential home sales this year?

Posted on 3/22/24 at 12:36 pm to
Posted by BabyTac
Austin, TX
Member since Jun 2008
12435 posts
Posted on 3/22/24 at 12:36 pm to
Just buy now and refinance when they cut - Bimbo real estate bitch wanting her 6%

I hired you because I’m forced to and you have big tits. Not because I need advice on how to manage my finances.
This post was edited on 3/22/24 at 12:51 pm
Posted by ronricks
Member since Mar 2021
7328 posts
Posted on 3/22/24 at 6:53 pm to
quote:

Just buy now and refinance when they cut - Bimbo real estate bitch wanting her 6%


I get what you are saying and I agree about how useless most RE agents are but I’ve come to realize it’s never really a bad time to buy property especially in major metropolitan areas with jobs. I’m not saying for someone to trade their 3% rate for a 6.8% one I’m speaking mainly to the people who don’t currently own and are looking to buy. If they buy now and rates continue to go up they win and if they buy now and rates go down they can refi and win. It’s a win-win in this low inventory market we have that isn’t going to change anytime soon despite wishcasting by doom and gloomers.
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