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BREAKING: *JOBS REPORT* The US economy adds 22,000 jobs in August, below expectations of 75,000.


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Posted
2 minutes ago, akkum_bakkum said:

This is what govorns....janalu think 50 points cut cheygane mortgage rates 0.5% thaggipothay ani..lol

If anyone buys a house now. They are idiots bro. Current political climate is too uncertain for such a big move. Especially if you are not GC or citizen 

  • Upvote 1
Posted

Dumb mfkers cut the rates now 

Economy mogga gudisipoona no growth sense in Fed and inflation sense in administration 

These people ruined US

Posted
1 minute ago, Mancode said:

Dumb mfkers cut the rates now 

Economy mogga gudisipoona no growth sense in Fed and inflation sense in administration 

These people ruined US

Even if you cut interest rates and inflation is high, mortgage rates would not fall

https://www.marketwatch.com/investing/bond/tmubmusd30y?countrycode=bx

US 30 year bond yield barely moved this year on which mortgage interest rates depend.

Posted
16 minutes ago, DonnyStrumpet said:

Max 0.5%. It will make no difference because tarrifs will counter that rate cut benefit for builders 

50 points ante sahasamane cheppali....My bet is on 25.

Posted
Just now, akkum_bakkum said:

50 points ante sahasamane cheppali....My bet is on 25.

T thatha will throw a big fit. He wants more than 25. It’s all pressure tactics from him. He already fired one fed employee and he is trying to bully others. 

Posted
7 minutes ago, akkum_bakkum said:

This is what govorns....janalu think 50 points cut cheygane mortgage rates 0.5% thaggipothay ani..lol

Not even 0.1%…

Posted
6 minutes ago, DonnyStrumpet said:

If anyone buys a house now. They are idiots bro. Current political climate is too uncertain for such a big move. Especially if you are not GC or citizen 

Thats a no brainer...but peer pressure is a bitch anna.

Posted

naa questions ki answer seyyandi vayya , rate cut ithee house price endhuku drop avuthyii, ee logic naku ardam kalee

Posted
Just now, karna11 said:

naa questions ki answer seyyandi vayya , rate cut ithee house price endhuku drop avuthyii, ee logic naku ardam kalee

ani cheppindevadu.....job reports ilane inko 2-3 months repeat aithe prices padathaay. Job ae lenappudu interest rates padithe endi perigithe endi.

Posted
18 minutes ago, karna11 said:

naa questions ki answer seyyandi vayya , rate cut ithee house price endhuku drop avuthyii, ee logic naku ardam kalee

Multiple reasons. Two main reasons are below 
 

1] Builders will borrow more money from banks to build new houses. Thus more inventory. 
 

2] Buyers don’t buy through cash. We all need mortgage. Less interest rate means less monthly payments. 

Posted
1 minute ago, akkum_bakkum said:

ani cheppindevadu.....job reports ilane inko 2-3 months repeat aithe prices padathaay. Job ae lenappudu interest rates padithe endi perigithe endi.

Employment is key too. Otherwise people will default on loans. Thats a big risk. Of course unemployment should be low as well @karna11

Posted

The system is responding to the corrections. Hold on the rates for few more months…

Low new job creation is not at all a sign of worry, it is a concern but not a worry. It’s a short term phenomenon. 

Even if rates are cut, it will take few months to see the effect on the market. Ignore the stock markets.

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