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Posted on 6/1/25 at 6:25 am to bluewatersailor
quote:
If a Dem was president he would have lowered rates twice since last November.
Yes because continuing to hold down interest rates does wonders for inflation. We’re still paying the piper for the last 15 years of artificially low rates.
Posted on 6/1/25 at 8:01 am to hikingfan
How could prices going up 30% in three years (and not come down) and the Fed causing 3% interest rates ever go bad?
Posted on 6/1/25 at 8:18 am to AirbusDawg
Our neighborhood
One house for 1.05 under contract in 7 days
960 under contract in a day
825 (unfinished basement) took a month to go under contract.
We purchased ours in 2018 for 522. But we finished basement.
One house for 1.05 under contract in 7 days
960 under contract in a day
825 (unfinished basement) took a month to go under contract.
We purchased ours in 2018 for 522. But we finished basement.
Posted on 6/1/25 at 9:21 am to bluewatersailor
quote:
The dick that hates Trump should lower interest rates but won't because he's got his panties in a wad. Inflation was 2.1 % last quarter. If a Dem was president he would have lowered rates twice since last November
Or...
The Fed knows a real estate crash is coming and can't lower rates until it happens. Lowering rates now will delay the crash further and they won't have any way to cause a rebound if they already lowered rates before the crash.
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