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Started By
Message
re: No rate cut expected today, per Sec. Scott Bessant.
Posted on 7/30/25 at 3:55 pm to LSURussian
Posted on 7/30/25 at 3:55 pm to LSURussian
Again your reading comprehension is astounding even using your chart lol: September 2.4
October 2.6
November 2.7
December 2.9
Which trends of inflation are consistently lower and closer to 2% inflation? You can see yourself out now
October 2.6
November 2.7
December 2.9
Which trends of inflation are consistently lower and closer to 2% inflation? You can see yourself out now
2
Posted on 7/30/25 at 4:03 pm to Rip Torn
quote:And the latest inflation rate (June) is 2.7%.
Again your reading comprehension is astounding even using your chart lol: September 2.4
So my statement is accurate. Inflation was lower last September when the Fed started lowering rates than it is now.
Maybe it's YOUR reading comprehension that's astounding...
As President W. Bush once said, "This ain't rocket surgery..."
Posted on 7/30/25 at 4:04 pm to Rip Torn
LSUrussian is going senile. Its really sad to see and I feel bad
Best to just agree with his stupidity so he feels better
Best to just agree with his stupidity so he feels better
Posted on 7/30/25 at 4:21 pm to Victor R Franko
And Bessent announced new issuances - upcoming Treasury Auctions (August 2025): The U.S. Treasury announced upcoming auctions for the second half of 2025, starting next week, with $58 billion in three-year notes, $42 billion in ten-year notes, and $25 billion in thirty-year bonds scheduled for sale. These sizes are consistent with the February refunding announcement and are expected to remain steady for the next several quarters.
Mountains of debt. Rates won't go down with this much supply.
Mountains of debt. Rates won't go down with this much supply.
Posted on 7/30/25 at 4:37 pm to CAD703X
quote:
and it was probably a 60k house so don't act all high and mighty
And you need to learn what a starter home is.
Posted on 7/30/25 at 4:40 pm to Sput
quote:trust me, i do.
And you need to learn what a starter home is.
they're 400K+ in nashville and my wife's sister has been saving for years and still isn't close to being able to afford one.
i guess your answer is 'move to mississippi' but thats a pretty cavalier response since her job and family all live here.
Posted on 7/30/25 at 4:41 pm to LSURussian
quote:
n the earlier GDP @ 3% thread today SDVTiger announced that 30 year, fixed rate conventional mortgage loans are available at 5.5% interest.
quote:because its a lie
Of course, he hasn't provided a link showing where those loans are available from...
Posted on 7/30/25 at 4:46 pm to Beef Supreme
You should see builder’s risk for our projects which are over milllions of dollars as a project. Those costs are 90k plus. Just for insurance one time
On a project. The insurance industry needs to be doge’d in some fashion and those at the very top need to be criminally investigated. It’s way out of control.
On a project. The insurance industry needs to be doge’d in some fashion and those at the very top need to be criminally investigated. It’s way out of control.
This post was edited on 7/30/25 at 4:47 pm
Posted on 7/30/25 at 6:33 pm to SDVTiger
quote:I'm not surprised you can't comprehend numbers. You've consistently proven that.
SDVTiger
You proved it when you looked at a chart that showed mortgage rates were over 7% earlier this year and then blatantly lied that rates have not been over 7% this year.
BTW, I'm still waiting on you providing a link to where home buyers can finds 5.5% 30 year, fixed rate conventional mortgage loans.
You keep harping on interest rates needing to be lowered by 1% but you already "know" where mortgage loans rates are 1% lower than what any of the rate surveys show.
So, please share your enlightenment with us mere mortals.
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