human1234 Posted September 5 Report Posted September 5 5 minutes ago, DonnyStrumpet said: Max 0.5%. It will make no difference because tarrifs will counter that rate cut benefit for builders https://www.marketwatch.com/investing/bond/tmubmusd30y?countrycode=bx US 30 year bond yield barely moved this year on which mortgage interest rates depend 1 Quote
DonnyStrumpet Posted September 5 Report Posted September 5 4 minutes ago, human1234 said: https://www.marketwatch.com/investing/bond/tmubmusd30y?countrycode=bx US 30 year bond yield barely moved this year on which mortgage interest rates depend This economy is in chaos. No body knows what’s going on. Big beautiful bill screwed it further by adding more deficit for future. Quote
akkum_bakkum Posted September 5 Report Posted September 5 3 minutes ago, human1234 said: https://www.marketwatch.com/investing/bond/tmubmusd30y?countrycode=bx US 30 year bond yield barely moved this year on which mortgage interest rates depend This is what govorns....janalu think 50 points cut cheygane mortgage rates 0.5% thaggipothay ani..lol 1 Quote
DonnyStrumpet Posted September 5 Report Posted September 5 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 1 Quote
Mancode Posted September 5 Report Posted September 5 Dumb mfkers cut the rates now Economy mogga gudisipoona no growth sense in Fed and inflation sense in administration These people ruined US Quote
human1234 Posted September 5 Report Posted September 5 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. Quote
akkum_bakkum Posted September 5 Report Posted September 5 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. Quote
DonnyStrumpet Posted September 5 Report Posted September 5 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. Quote
Android_Halwa Posted September 5 Report Posted September 5 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%… Quote
akkum_bakkum Posted September 5 Report Posted September 5 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. Quote
karna11 Posted September 5 Report Posted September 5 naa questions ki answer seyyandi vayya , rate cut ithee house price endhuku drop avuthyii, ee logic naku ardam kalee Quote
akkum_bakkum Posted September 5 Report Posted September 5 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. Quote
DonnyStrumpet Posted September 5 Report Posted September 5 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. Quote
DonnyStrumpet Posted September 5 Report Posted September 5 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 Quote
Android_Halwa Posted September 5 Report Posted September 5 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. 1 Quote
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