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Started By
Message
Mortgage Rates at 6.25%
Posted on 7/25/22 at 8:14 pm
Posted on 7/25/22 at 8:14 pm
Sucks if your a banker or a realtor in these conditions. Just checked today’s 30 Year in Louisiana, and it’s a whopping 6.27% average for good credit. Credit in the 6’s will get you a 7% or higher. Crazy times, but elections have consequences!
35
Posted on 7/25/22 at 8:15 pm to Catchfalaya
locked in at 2.25% last May 
Posted on 7/25/22 at 8:16 pm to Catchfalaya
Basically doubled in 6 months.
Posted on 7/25/22 at 8:19 pm to Catchfalaya
quote:
Sucks if your a banker or a realtor
I’m pretty excited to see them struggle honestly. They’ve had it way too easy the past few years
Posted on 7/25/22 at 8:20 pm to Catchfalaya
Adding the context of the 80s, anything under 8 ain't bad.
Posted on 7/25/22 at 8:20 pm to Catchfalaya
quote:
Sucks if your a banker or a realtor in these conditions
Sucks if they did save after bathing in cash for 2 years
It really sucks for people that have been hanging onto their balls and have credit card debt
This post was edited on 7/25/22 at 8:21 pm
Posted on 7/25/22 at 8:20 pm to Catchfalaya
They have lived large for a long time. I have no pity.
Posted on 7/25/22 at 8:22 pm to Catchfalaya
My best friend is I'm the ReFi business and has been killing it for the past few years. But said it's basically dead right and he's changing business models.
Posted on 7/25/22 at 8:22 pm to Catchfalaya
Debt free. Don't care. They voted for it. Suck it up you millennials.
Posted on 7/25/22 at 8:24 pm to Codythetiger
quote:
locked in at 2.25% last May
These are what crazy times looked like.
Posted on 7/25/22 at 8:25 pm to Catchfalaya
National Association of Realtors has given millions more to democrats than republicans since 2016. Reap it bitches.
This post was edited on 7/25/22 at 8:26 pm
Posted on 7/25/22 at 8:25 pm to Catchfalaya
Realtors are probably the least sale savvy. Guess they’ll learn what closing actually means.
Posted on 7/25/22 at 8:25 pm to Catchfalaya
quote:
Mortgage Rates at 6.25%
Good. House prices were out of control.
Posted on 7/25/22 at 8:26 pm to CollegeFBRules
quote:
Mortgage Rates at 6.25%
A pretty normal rate.
Posted on 7/25/22 at 8:28 pm to TrueTiger
Lol. Except the average home in the 80’s was only like $85,000.00.
Posted on 7/25/22 at 8:31 pm to TrueTiger
quote:
Adding the context of the 80s, anything under 8 ain't bad.
Considering the avg home price and avg salary of the 2 time periods this is much, much worse than the 80s
Posted on 7/25/22 at 8:31 pm to Catchfalaya
This is Joe Biden’s presidency. Making it harder to live.
This post was edited on 7/25/22 at 8:32 pm
Posted on 7/25/22 at 8:32 pm to Catchfalaya
quote:Our first house in the early 80s was $65K. Around 1600 sq ft. 11.5% interest
Lol. Except the average home in the 80’s was only like $85,000.00.
Posted on 7/25/22 at 8:32 pm to Codythetiger
Missed locking in 2.375 in December.
Thought we'd move.
LO fricking L
We can't move now.
I'm such a fricking idiot.
Thought we'd move.
LO fricking L
We can't move now.
I'm such a fricking idiot.
Posted on 7/25/22 at 8:33 pm to Diamondawg
Just sold my house and dude is paying 5 grand a month for it.. I am in awe that he did that..
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