- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Mortgage Rate Predictions
Posted on 9/27/22 at 12:35 pm
Posted on 9/27/22 at 12:35 pm
After seeing rates 7-7.75 percent on the 30 year, what’s everyone’s prediction on where rates will go this year? I really thought 6 was the top until the horrible news cycle the last month. Rates went from under 5 to over 7 in thirty days…
Posted on 9/27/22 at 12:47 pm to PotatoChip
8.25% based on on a wild guess
Posted on 9/27/22 at 2:34 pm to PotatoChip
Over 8 by year end, very possible to hit 9 by February.
Lenders I know are anxious. I sell a fair bit of real estate, and they’re calling me a lot more lately.
Lenders I know are anxious. I sell a fair bit of real estate, and they’re calling me a lot more lately.
Posted on 9/27/22 at 3:00 pm to PotatoChip
Will start dropping in December and trickle down next year.
Posted on 9/27/22 at 3:16 pm to Simon Gruber
7-8 range, stabilize 5.5-6.
Posted on 9/27/22 at 3:51 pm to PotatoChip
Mid 6s is the Long Term average for the 30 year. I am reading it is going at least another 0.75 up from here. 8.25% seems about right. But, it will not hold there. It'll drop back to mid 6s.
Posted on 9/28/22 at 10:25 am to PotatoChip
monday 30yr purchase was 7.875% today it's 6.875% its a wild ride these days. I think 2nq qtr next year we start to see them stabilize near 5%. these rates are correcting the housing markert very quickly
Posted on 9/28/22 at 9:15 pm to hawkeye007
quote:
monday 30yr purchase was 7.875% today it's 6.875% its a wild ride these days. I think 2nq qtr next year we start to see them stabilize near 5%. these rates are correcting the housing markert very
Where are you getting these interest rats from? Where did you see that it went to 6.875%?
Posted on 9/29/22 at 11:27 am to shoelessjoe
i work at Hancock Bank as a mortgage loan officer i check rates every morning. edhawk75@gmail.com if you need a rate quote just shoot me an email.
Posted on 10/2/22 at 8:39 pm to Strannix
Your right. These other idiots don’t understand the PRINCIPLES to start. It’s simply Give and Take. they will run the numbers up to 11-12-13-14 whatever it takes to get all the free monies back that were pumped into the economy during Covid. The general public will hurt very bad after this one. All of the free disposable cash was transferred to Jewelry stores (jews), fees and investments in banks (jews), New and used automobiles selling for 30-40% more that value (Top 5%), Gasoline(arabs), Housing market homes selling for 30-60% over value (banks, small investors, homeowners who purchased even bigger homes than they could previously afford) most of those monies won’t go back to the Gov which means it will rest assured as the banks profits which will never be re-distributed to the general public which mean that this entire defect will be placed on the back of future generations (near future generation).
Posted on 10/2/22 at 8:47 pm to SDVTiger
Fed has an emergency meeting tomorrow. Things are starting to break around the world because the dollar is so strong. Maybe a pivot is on the way. Markets will be crazy tomorrow.
Posted on 10/2/22 at 9:01 pm to texas tortilla
quote:
Maybe a pivot is on the way.
I don't think a pivot is in the cards, but very possibly a pause (at least a theoretical one to give markets a chance to catch their breaths before moving ahead with .5 in November as planned).
Posted on 10/2/22 at 9:11 pm to Bard
Just got a sweet off market opportunity to buy a home but seller wants no contingency. Makes me sick going from a 2.75% to 6.5-7% and I’m spooked if my house doesn’t sell immediately and then rates get hiked
Posted on 10/3/22 at 6:49 am to PotatoChip
I think we hit 8 at some juncture.
Posted on 10/3/22 at 10:59 am to tigerbaiter1033
get ready to be spooked, also i am seeing more contingency offers on homes right now.
Posted on 10/3/22 at 11:12 am to hawkeye007
quote:
also i am seeing more contingency offers on homes right now.
Which will help a segment of buyers who otherwise refused to move so they "woldn't be homeless."
Posted on 10/3/22 at 11:14 am to Billy Blanks
bout to sell a condo in Anchorage and the buyer wants to rush the process because of his interest loan locked in rate!
Definitely going to be Spooktober soon
Definitely going to be Spooktober soon
Popular
Back to top
Follow TigerDroppings for LSU Football News