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Mortgage rates today drop to lowest since rates since September
Posted on 11/4/26 at 2:59 pm
Posted on 11/4/26 at 2:59 pm
quote:
When bonds improve enough intraday, mortgage lenders occasionally adjust rates lower. Not every lender did so today, but it would enough to bring the average down to 7.22%--the first time we've been below 7.25% since September 22nd.
Mortgage News Daily
Posted on 11/4/26 at 3:00 pm to Green Chili Tiger
Desperation move
The housing market is screwed
The housing market is screwed
Posted on 11/4/26 at 3:00 pm to Green Chili Tiger
We need these rates to go up, not down. Dropping rates are only going to cause higher home prices.
Posted on 11/4/26 at 3:03 pm to hashtag
quote:Moronic take
Dropping rates are only going to cause higher home prices.
The reason houses are so expensive (in desirable areas at least) is because there's a supply shortage because nobody in their right mind is giving up their 2-3% mortgage and moving. Starter homes stay forever homes
Posted on 11/4/26 at 3:05 pm to tween the hedges
quote:
The reason houses are so expensive (in desirable areas at least) is because there's a supply shortage because nobody in their right mind is giving up their 2-3% mortgage and moving. Starter homes stay forever homes
There's not a supply shortage.
Posted on 11/4/26 at 3:07 pm to imjustafatkid
It depends on where you are but when the borders go away in 2 years today’s rent and home prices will be peanuts
Posted on 11/4/26 at 3:08 pm to hashtag
WGAF about home prices or interest rates?
the commies never did
never cried over that
or vehicle costs
utilities
or healthcare which is killing the middle class.
we mus cry over gas! LOL that was higher under biden and 19 years ago.
but dey luvs dat welfare, medicaid, food stamps, section 8 so they can drive dat 75k SUV! uh huh!
the commies never did
never cried over that
or vehicle costs
utilities
or healthcare which is killing the middle class.
we mus cry over gas! LOL that was higher under biden and 19 years ago.
but dey luvs dat welfare, medicaid, food stamps, section 8 so they can drive dat 75k SUV! uh huh!
Posted on 11/4/26 at 3:09 pm to Green Chili Tiger
The entitled whiny temper tantrum class wont be happy until rates are below 3% and they can buy a mansion at 25 just like all the boomers did.
Posted on 11/4/26 at 3:09 pm to tween the hedges
quote:
tween the hedges
Sorry baw, you are wrong. The market needs a violent correction.
Posted on 11/4/26 at 3:09 pm to Green Chili Tiger
quote:
drop to lowest since rates since September
English isn't your first language is it?
And...so the lowest in....43 days?
I'll alert the media if you haven't already.
Posted on 11/4/26 at 3:11 pm to Green Chili Tiger
Your reward for electing Democrats!
Better than 5,000 Truck Bucks.
Better than 5,000 Truck Bucks.
Posted on 11/4/26 at 3:11 pm to tween the hedges
quote:
because there's a supply shortage
Who knew having 10's of millions of illegals in the country...some of which get government housing...would cause a problem in housing?
Posted on 11/4/26 at 3:11 pm to imjustafatkid
quote:Maybe not in bumfrick Alabama
There's not a supply shortage.
Posted on 11/4/26 at 3:17 pm to hashtag
You are as dumb as the OP lol the Fed left rates unchanged which impacted the bond market. You could raise rates to 25% and it wouldn’t decrease home prices enough to offset mortgage rates. Homes are investments not just dwellings so by your logic the wealth of virtually every American household would be dramatically decreased on top of crushing interest and the interest alone on bonds would increase the debt payments
Posted on 11/4/26 at 3:17 pm to tween the hedges
quote:
Maybe not in bumfrick Alabama
Some of y'all need to make some realtor friends.
Sure, there's a supply shortage in high-demand areas, but that has nothing to do with the market. That's always the case no matter what's going on in the economy. There is absolutely not a supply shortage in general.
We have a pretty typical housing supply right now.
This post was edited on 11/4/26 at 3:18 pm
Posted on 11/4/26 at 3:18 pm to SingleMalt1973
quote:
It depends on where you are but when the borders go away in 2 years today’s rent and home prices will be peanuts
This is true.
Posted on 11/4/26 at 3:20 pm to Rip Torner
quote:not every American needs to own a home. It isn't an inherent right, no matter how much people think it is.
virtually every American household
Posted on 11/4/26 at 7:02 pm to theunknownknight
quote:
The housing market is screwed
You guys told us voting out MAGA was necessary because Trump wasn't fixing our problems. What happened? Surely you guys didn't spend all your time pushing people to democrats when they didn't have the solutions you were crying about.
That would be stupid and reckless, and you conservatives always think things through.
So what's the plan? America First voters would never hand the keys to the anti-America party without a guaranteed plan. I'm excited to hear it.
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