jeffw@lemmy.world to politics @lemmy.world · 8 months agoYou can’t afford to buy a house. Biden knows that.www.vox.comexternal-linkmessage-square42fedilinkarrow-up1175arrow-down112
arrow-up1163arrow-down1external-linkYou can’t afford to buy a house. Biden knows that.www.vox.comjeffw@lemmy.world to politics @lemmy.world · 8 months agomessage-square42fedilink
minus-squareNegativeLookBehind@lemmy.worldlinkfedilinkarrow-up13·8 months agoAnyone think that interest rates will drop this year?
minus-squarejeffw@lemmy.worldOPlinkfedilinkarrow-up13arrow-down1·8 months agoThe fed has practically promised they will, the question is how many times they’ll lower rates
minus-squareNegativeLookBehind@lemmy.worldlinkfedilinkarrow-up6·8 months agoIf it gets to 5% I’d be happy with that
minus-squarejeffw@lemmy.worldOPlinkfedilinkarrow-up7·edit-28 months agoSeems likely, but Powell has been cautioning about slow-walking the decrease lately, so who knows
minus-squarejune@lemmy.worldlinkfedilinkEnglisharrow-up2·8 months agoIm hoping to see 3% again so I can refinance lol. I got in just before it hit 5% 2 years ago and got 4.99%.
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up7·8 months agoAnyone think that will improve anything? The rich folks still have the money, still want the properties. They just took a pit stop to collect some bonds at a good interest rate for a while. Once those are off the menu…
minus-squareian@lemmy.mllinkfedilinkarrow-up3·8 months agoI doubt it, unless things get unstable near the election
Anyone think that interest rates will drop this year?
The fed has practically promised they will, the question is how many times they’ll lower rates
If it gets to 5% I’d be happy with that
Seems likely, but Powell has been cautioning about slow-walking the decrease lately, so who knows
Im hoping to see 3% again so I can refinance lol. I got in just before it hit 5% 2 years ago and got 4.99%.
Me, too!
Anyone think that will improve anything?
The rich folks still have the money, still want the properties. They just took a pit stop to collect some bonds at a good interest rate for a while.
Once those are off the menu…
I doubt it, unless things get unstable near the election