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re: Mortgage rates fall below 6%, matching lowest level since 2022
Posted on 2/23/26 at 2:44 pm to LuckyTiger
Posted on 2/23/26 at 2:44 pm to LuckyTiger
quote:
. Groceries down.
Down compared to what? Our typical grocery bill going back to around 2022 was about $330. The same cart now costs us just north of $500. Not sure prices will ever get more manageable.
1
Posted on 2/23/26 at 2:50 pm to ronricks
quote:
You keep posting this. Anyone who goes to a grocery store knows its bullshite.
Eggs, Chicken, Bread, Milk-Dairy are down.
PepsiCo snacks — Lay's, Doritos, Cheetos, Tostitos put in price reductions of up to nearly 15% in February.
General Mills (like Cheerios and Nature Valley bars) cut prices on nearly two-thirds of their grocery products earlier this year.
Posted on 2/23/26 at 2:51 pm to jdaute2
quote:January 2025.
Down compared to what?
This post was edited on 2/23/26 at 2:52 pm
Posted on 2/23/26 at 2:53 pm to NC_Tigah
quote:
Red meat will remain high until at least Trump's final year in office d/t the Biden Era Cattle Herd Culling
Dems used this excuse during Biden in regard to inflation. Yall copied their playbook
Posted on 2/23/26 at 2:54 pm to Burt Reynolds
quote:
Dems used this excuse during Biden in regard to inflation. Yall copied their playbook
It’s not from a playbook….its a fact. Were you not aware of the Biden admins Cattle herd culling?
This post was edited on 2/23/26 at 3:47 pm
Posted on 2/23/26 at 3:00 pm to NC_Tigah
Eggs are down. That's about it. Beef and Junk food are still sky high and rising. I keep track of this shite due to my diet and my groceries (beef, butter, bacon,) were cheaper under Biden but still high. Trump has been an absolute failure on this.
Posted on 2/23/26 at 3:01 pm to Penrod
quote:
you are comparing deflation across two different monetary systems, one with the dollar tied to gold and the other with the dollar as a fiat.
Isn't President Trump going to get us back to the Gold Standard?
Posted on 2/23/26 at 3:02 pm to NC_Tigah
Stil not buying more unless they get back in the 4 range. Happy others can buy under 7 though
Posted on 2/23/26 at 3:03 pm to ragincajun03
quote:
Isn't President Trump going to get us back to the Gold Standard?
Posted on 2/23/26 at 3:05 pm to LuckyTiger
Eggs may have gone back to normalish, but most groceries are still at least twice as expensive as they were in 2019. Beef prices are absolutely insane right now. I definitely don’t make double my take home pay from 2019. My other costs (housing, utilities, insurance, etc) have all gone up as well.
This post was edited on 2/23/26 at 3:55 pm
Posted on 2/23/26 at 3:51 pm to BlackPawnMartyr
quote:
quote:
Groceries down.
Definitely not true from my experience and Chatgpt agrees..
quote:
Trend: Grocery prices overall are higher now than a year ago.
?? Magnitude: Typical official measures show a modest increase (around 2–3% annually), not a steep decline.
I've noticed big rises myself in coffee and meat.
Quit drinking coffee and eat more chicken...... geez
Posted on 2/23/26 at 4:03 pm to NC_Tigah
Let me lend some insight into these states. 130% I crease in refinance applications is due to no one refinancing in the last 3 years. Rates exceeded 6% in late 2022. So with them back at 6% now people with rates over 7 can refinance since the rule is the rate needs to go down at least 1% to make a refinance worth the cost. Lowering rates will not fix the housing problem it will make it worse if they get to 5%. We need to building inventory right now. We are not doing that. Trump even said he doesn’t want to increase inventory because it drives down value of existing home owners. The housing market is a mess. 21yrs as a mortgage lender I thought I had seen it all.
Posted on 2/23/26 at 6:33 pm to LuckyTiger
Any motgae rate above 4.75 is to high.
Posted on 2/23/26 at 6:40 pm to BlackPawnMartyr
quote:
I've noticed big rises myself in coffee and meat.
I think you're correct on beef and coffee but the typical items we buy weekly have either seen modest price drops or they have flatlined. This past weekend I saw milk below $3 for 1/2 gallon for the first time since the Covid-19 price hikes and eggs are $2.29 dozen. Produce seems to be slightly cheaper than 12-18 months ago.
Posted on 2/23/26 at 6:54 pm to BBONDS25
Who cares. The DOW is up to 50,000 so we don’t have anything to complain about
Posted on 2/23/26 at 7:24 pm to Burt Reynolds
Doesnt matter good things are you are gonna complain about Trump refardless
Posted on 2/23/26 at 8:27 pm to SDVTiger
Doesn’t matter how bad things get, you are gonna gargle trumps balls regardless
Posted on 2/23/26 at 8:29 pm to Burt Reynolds
Are you another centrist?
Posted on 2/23/26 at 8:44 pm to NC_Tigah
quote:So President Trump directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities actually worked. Huh.
Mortgage rates fall below 6%,
The media told us that was stupid and wouldn’t work.
Posted on 2/23/26 at 11:15 pm to Burt Reynolds
quote:
Doesn’t matter how bad things get, you are gonna gargle trumps balls regardless
All you ppl do is think about gargling balls
All of you make the same comment
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