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Started By
Message
1
Posted on 4/16/25 at 12:40 pm to Oilfieldbiology
quote:
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?
It’s stated that way to keep the math straight- if you say rates surged .13%, it may be confused as .13%*6.97%, which is incorrect. At least that’s my logic.
Posted on 4/16/25 at 2:20 pm to bstew3006
quote:
I do and just put house on market. Please explain
Whats the fico, down payment and new purchase price.
Posted on 4/16/25 at 6:21 pm to SDVTiger
740
20%
400,000
20%
400,000
Posted on 4/17/25 at 1:46 am to SDVTiger
quote:It was 3 days ago when Chicken started this thread. 7.1% to be exact.
And the 30yr isnt over 7%
Posted on 4/17/25 at 2:24 pm to el Gaucho
Chicken is only posting this because he’s a Never Trumper Groomer with TDS.
Posted on 4/17/25 at 2:29 pm to LSURussian
quote:Presumably he meant the 30 year bond and not the 30 year mortgage?
It was 3 days ago when Chicken started this thread. 7.1% to be exact.
Posted on 4/17/25 at 2:53 pm to Big Scrub TX
quote:
Presumably he meant the 30 year bond and not the 30 year mortgage?
His quote in the OP...
quote:
the popular 30-year fixed mortgage
The 30-year bond has been under 5.5% for more than a decade.
Posted on 4/17/25 at 9:02 pm to LSURussian
quote:
It was 3 days ago when Chicken started this thread. 7.1% to be exact.
It wasnt at 7% and wasnt 7.1 to be exact at all
Mortgage Daily News isnt legit
Posted on 4/18/25 at 8:57 am to SDVTiger
A quick search says 30 year rates are 6.7 to 6.83 today. Is every news outlet wrong?
Posted on 4/18/25 at 9:01 am to Boss
quote:
Is every news outlet wrong?
Yes.
The only sources you can trust are Cat Turd's tweeter and Alex Jones.
Posted on 4/18/25 at 9:54 am to Boss
quote:
Is every news outlet wrong?
Mortgage Daily News did their survey to claim it surged!! Over 7% for clicks
Posted on 4/18/25 at 10:05 am to ragincajun03
quote:
Chicken is only posting this because he’s a Never Trumper Groomer with TDS.
Posted on 4/18/25 at 11:00 am to ragincajun03
Alex jones is too mainstream for the q crew these days.
Posted on 4/18/25 at 11:48 am to SDVTiger
You never responded to my comment. Is 6.7 to 6.83 accurate?
Posted on 4/18/25 at 11:50 am to Boss
quote:
6.7 to 6.83 accurate?
Looka like it was 6.85-6.91
Posted on 4/18/25 at 12:40 pm to SDVTiger
quote:But YOU are??
Mortgage Daily News isnt legit
Posted on 4/18/25 at 1:17 pm to LSURussian
quote:
But YOU are??
Never said I was but they are not. Everyone else under the sun had rates max at 6.91%
You are sure not credible cause you said it was a fact 7.1%
Posted on 4/18/25 at 2:40 pm to SDVTiger
quote:That’s what Chicken’s link says.
You are sure not credible cause you said it was a fact 7.1%
And I have no data to dispute that interest rate was accurate on the date Chicken posted the link.
Posted on 4/18/25 at 2:53 pm to LSURussian
quote:
That’s what Chicken’s link says.
I understand what it says. Its wrong. You said it was in fact 7.1%
You are also wrong (typical)
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