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Posted on 4/14/25 at 5:51 pm to RollTide4Ever
quote:
Peter Schiff has been on point about this.
No he hasnt
And the 30yr isnt over 7%
Posted on 4/14/25 at 7:54 pm to SDVTiger
quote:
And the 30yr isnt over 7%
This is when SDV uses his own wholesale rates instead of, you know, the actual rates people are getting when they apply for a mortgage.
Mind you, this is the same guy that accuses the government of making up numbers.
Posted on 4/14/25 at 8:12 pm to slackster
It’s sad, to be honest, and I’m not saying that to be mean or coy.
There are genuinely smart people who know their shite, but contort things to fit their perception of Trump. SDV is one of those people.
There are genuinely smart people who know their shite, but contort things to fit their perception of Trump. SDV is one of those people.
Posted on 4/14/25 at 8:33 pm to Hateradedrink
Oh I know SDV is at least of above average intelligence - you have to be to be wrong so often.
Posted on 4/15/25 at 8:58 am to beaverfever
quote:
If they topple the US economic hegemony, where do they sell their shite?
That’s the rub on this entire situation. Nobody in the world can afford for the US to stop buying. If anyone “wins” an economic war with the US, they and everyone else still lose. It’s not good for anyone when the bank fails.
____________
Lose-Lose. No good outcome from this.
If they topple the US economic hegemony, where do they sell their shite?
That’s the rub on this entire situation. Nobody in the world can afford for the US to stop buying. If anyone “wins” an economic war with the US, they and everyone else still lose. It’s not good for anyone when the bank fails.
____________
Lose-Lose. No good outcome from this.
Posted on 4/15/25 at 9:00 am to slackster
quote:
This is when SDV uses his own wholesale rates instead of, you know, the actual rates people are getting when they apply for a mortgage.
This makes zero sense as always with your dumbarse
Holy cow
This post was edited on 4/15/25 at 9:19 am
Posted on 4/15/25 at 3:06 pm to LSURussian
quote:I think Bissent is hoping for a drop in rates and a stronger USD. So the antithetical moves this past week were "interesting."
That kind of rate volatility isn't typical.
Though China has been a slow net seller of Treasuries over years, and there is not ready evidence of a rapid recent “dump," I'm suspicious Chinese divestment had a role.
Regardless, IMO the bond/USD instability was/is more worrisome than the stock market, especially with the Fed sitting on its hands as something like $9T in debt (IIRC) gets rolled over this year.
Posted on 4/15/25 at 9:17 pm to SDVTiger
You don’t all the time. You quote rates that actual people simply cannot get. You’re always at least 50 bps below what anyone here can ever get quoted
Posted on 4/16/25 at 6:19 am to SDVTiger
Yet
Posted on 4/16/25 at 7:03 am to slackster
quote:
You don’t all the time. You quote rates that actual people simply cannot get. You’re always at least 50 bps below what anyone here can ever get quoted
And I explain why and how you can get the rate im "quoting" yet you are to dumb to listen and then end up get a worse rate
UWM is the #1 lender by volume and they are wholesale. Everything you said was wrong like always
quote:
On Wednesday, April 16, 2025, the current average interest rate for a 30-year fixed mortgage is 6.86%,
This is with 1.75-2% comp built in for banks. I realize you dont understand what any of that means
This post was edited on 4/16/25 at 7:08 am
Posted on 4/16/25 at 8:04 am to SDVTiger
quote:
And I explain why and how you can get the rate im "quoting" yet you are to dumb to listen and then end up get a worse rate UWM is the #1 lender by volume and they are wholesale. Everything you said was wrong like always
Why don’t you explain it one more time and I’ll bookmark it so I can be better.
Posted on 4/16/25 at 8:06 am to slackster
You dont even own a home nor will you be buying anytime soon
So you can figure it out by reading the previous threads where it was explained
So you can figure it out by reading the previous threads where it was explained
Posted on 4/16/25 at 9:11 am to SDVTiger
I am actually interested in hearing this. I am working with Hancock Whitney. What do you recommend?
This post was edited on 4/16/25 at 9:15 am
Posted on 4/16/25 at 9:29 am to SDVTiger
quote:
UWM is the #1 lender by volume and they are wholesale. Everything you said was wrong like always
Is SDVTiger a UWM "independent broker" that takes money under the table and sends all business to UWM, regardless of best interest of the customer
That is a widely known practice
Posted on 4/16/25 at 9:43 am to UltimaParadox
quote:
Is SDVTiger a UWM "independent broker" that takes money under the table and sends all business to UWM, regardless of best interest of the customer
The Ultimate Moron
Posted on 4/16/25 at 9:48 am to SDVTiger
I guess we know the answer now
Posted on 4/16/25 at 10:41 am to UltimaParadox
quote:
I guess we know the answer now
Yes that you are clearly a moron like slackster
Posted on 4/16/25 at 11:52 am to Buddy the Tiger
quote:
am actually interested in hearing this. I am working with Hancock Whitney. What do you recommend?
What rate are you getting with them at the moment?
ETA - just curious.
This post was edited on 4/16/25 at 11:53 am
Posted on 4/16/25 at 12:04 pm to Chicken
quote:
surged 13 basis points
Off topic, but why do business people use the term “basis points” instead of just saying the percents?
It went from 6.97% to 7.10%. Why the need to use basis points?
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