- 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: Fannie Mae and MBA updated their outlook for the 30-year fixed mortgage rates
Posted on 5/23/25 at 8:46 am to BestBanker
Posted on 5/23/25 at 8:46 am to BestBanker
quote:
You could be right. Here's a historical chart of rates. 6% is below average thus far. And if this operates like a heartbeat, they could go much higher, and property values may go much lower?
I find this interesting because it sorta corroborates an opinion I hold.
I think that a lot of the talk around the federal reserve prime rate operates from an expectation set during the Obama and Trump I presidencies for historically low lending rates. The business world and average private citizen has become addicted to "cheap debt" so to speak.
1
Posted on 5/23/25 at 9:28 am to stout
quote:
Fannie
Q3 2025 -> 6.3%
Q4 2025 -> 6.1%
Q1 2026 -> 6.0%
Q2 2026 -> 5.9%
Q3 2026 -> 5.9%
Q4 2026 -> 5.8%
All of these are lower than when I bought my house back in 2004. I think my rate was 6.5% back then. People freaking out over rates that are under 7% are just plain dumb.
Posted on 5/23/25 at 9:35 am to stout
It is arguably still cheaper than renting, especially after the tax deduction.
Posted on 5/23/25 at 9:37 am to Diego Ricardo
This post was edited on 5/29/25 at 5:53 pm
Posted on 5/23/25 at 10:29 am to stout
What drives mortgage rates? MBS.
What drives MBS? The yield on the 10yr (and vice versa, but usually the 10yr drives MBS).
What influences the 10yr? Demand for US debt. Less demand = higher yields while more demand drives yields down.
So, as the federal government continues to create $1.5T+ deficits and not paying down any debt (ie: debt and the rate of debt growth continues to climb) what mechanisms are expected to come into play to make US debt be attractive enough for demand to increase while supply also increases?
What drives MBS? The yield on the 10yr (and vice versa, but usually the 10yr drives MBS).
What influences the 10yr? Demand for US debt. Less demand = higher yields while more demand drives yields down.
So, as the federal government continues to create $1.5T+ deficits and not paying down any debt (ie: debt and the rate of debt growth continues to climb) what mechanisms are expected to come into play to make US debt be attractive enough for demand to increase while supply also increases?
Posted on 5/23/25 at 10:34 am to SDVTiger
quote:
SDVTiger
Are you a realtor?
Posted on 5/23/25 at 10:40 am to MyRockstarComplex
quote:
“You can always refi when the rates go down next year”
It's partly true. The hope is that they will eventually go down, but if you wait to buy, you aren't doing yourself any favors as home prices are just climbing year after year. I still don't understand how, as there aren't a ton of new first-time home buyers entering the market.
Posted on 5/23/25 at 3:05 pm to LSUSkip
I bought my house at the absolute lowest it has been in probably a half century or more. I’m never refinancing for a lower rate (maybe for a reduction of years if it makes sense) and I’m probably not moving until we need less house because getting this much house is much more expensive now.
This post was edited on 5/23/25 at 3:07 pm
Posted on 5/23/25 at 3:42 pm to mwade91383
quote:
Nightmare for new buyers, I feel for them.
People need to look back past the last 10-14 years...6% isn't that bad.
The 40 years prior to 2008 were all that and well (18.5%) above that. This is the new, old normal.
Posted on 5/23/25 at 3:48 pm to SDVTiger
quote:
Slackster lold at me
That clown is wrong about everything.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News