- 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
re: Predicting a 30 year mortgage rate around October 2022?
Posted on 12/13/21 at 8:48 am to JumpingTheShark
Posted on 12/13/21 at 8:48 am to JumpingTheShark
LINK
We will see a rate increase but not sure if it will go into the 4s if you have strong credit. If you are building, you should only have to pay interest only while in construction and then lock 30-45 days out. Time is now to move forward with purchases or refinances because rates will be higher by next year. And the cost of waiting can be detrimental
We will see a rate increase but not sure if it will go into the 4s if you have strong credit. If you are building, you should only have to pay interest only while in construction and then lock 30-45 days out. Time is now to move forward with purchases or refinances because rates will be higher by next year. And the cost of waiting can be detrimental
2
Posted on 11/10/22 at 2:54 pm to TMFBB21
Friendly bump!
Any of our local mortgage brokers on here care to chime in? I don’t think anyone got it quite right
Looking around for a jumbo construction rate in EBR
Any of our local mortgage brokers on here care to chime in? I don’t think anyone got it quite right
Looking around for a jumbo construction rate in EBR
Posted on 11/10/22 at 3:05 pm to wileyjones
If they are 6% now after todays news—one has to think we may get down to mid 4s-5s again if things progress.
Home prices are also dipping
Home prices are also dipping
Posted on 11/10/22 at 3:31 pm to wileyjones
Under 6%
SDV told yall
SDV told yall
Posted on 11/10/22 at 4:14 pm to SDVTiger
quote:
Under 6% SDV told yall
You said 3.75.
That is nowhere near 6.0.
Posted on 11/10/22 at 4:18 pm to SECdragonmaster
quote:
That is nowhere near 6.0.
Yup i was way off.
I did say that he inflation report will be lower this Nov and now we are heading to 5%
Which we are on pace
Posted on 11/11/22 at 6:51 am to SDVTiger
The guy with the chart was clearly hinting at inflation going up was going to equal high interest rates so I would say he got it right
Posted on 11/11/22 at 11:17 am to Fox McCloud
Rates are not going to come down anytime soon, at least of any measurable and significant amount.
Fed's fund rate is 4%, inflation is 8.5 ish, but not really, we all know it is higher than that. You should expect to see the fed push higher until the FFR is close to the current interest rate which is going to drive mortgage rates way up further.
The good news, is that will drive home prices WAY DOWN from today.
Fed's fund rate is 4%, inflation is 8.5 ish, but not really, we all know it is higher than that. You should expect to see the fed push higher until the FFR is close to the current interest rate which is going to drive mortgage rates way up further.
The good news, is that will drive home prices WAY DOWN from today.
Posted on 11/11/22 at 2:17 pm to oneg8rh8r
quote:
inflation is 8.5 ish, but not really, we all know it is higher than that
If you really get triggered by CPI recalculations don't look on the BLS website
Posted on 11/11/22 at 2:31 pm to JumpingTheShark
quote:
The interest rate is of key importance for me because I lock in all my prices at the time construction begins, big variable for me is interest
He mentioned October ‘22 in the OP. Any updates from JumpingTheShark?
Posted on 11/11/22 at 5:38 pm to oneg8rh8r
quote:
Rates are not going to come down anytime soon, at least of any measurable and significant amount.
They just did
Posted on 11/11/22 at 7:18 pm to TMFBB21
quote:
We will see a rate increase but not sure if it will go into the 4s if you have strong credit.
Filed to: Bad predictions
Posted on 6/26/23 at 7:41 am to JumpingTheShark
Sorry for the late reply, but I’d like to drop in and say that rates can vary based on various factors, so it's a good idea to stay updated and continue monitoring the market as your house-building plans progress. It's great to see that you're taking your mortgage planning seriously and seeking reliable information.
Posted on 6/26/23 at 8:24 am to ValerieCruze
always interesting to see a first post bumping a very old thread
Posted on 6/26/23 at 9:11 am to ValerieCruze
Thanks Valerie. Can you please offer your prediction for the October 22 rates?
Posted on 6/26/23 at 2:23 pm to touchdownjeebus
quote:
Can you please offer your prediction for the October 22 rates?
She'd better nail this
Posted on 6/26/23 at 2:50 pm to SDVTiger
quote:
So home values will plummet to 80k?
I am not in the financial industry but home prices have got to come down in order for our economy to function normally.
I am loving the equity I have in my home but I have young adult children who have a serious struggle ahead when they look at the current home prices (as a % of their take home pay).
No one (in the media) wants to talk about just how sky home prices are right now.
Posted on 6/26/23 at 2:55 pm to SECdragonmaster
Something's gotta give sooner or later. It's not sustainable for the first time home buyers.
Posted on 6/26/23 at 4:41 pm to SECdragonmaster
quote:Are you including rental prices in this statement?
I am not in the financial industry but home prices have got to come down in order for our economy to function normally.
Posted on 6/26/23 at 8:13 pm to Big Scrub TX
quote:
Are you including rental prices in this statement?
I should have done so.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News