Mortgage Interest rates

[JambaKrantu]

Yeay. Fed slashes the rates to 0 to 0.25%

Get ready for 30 year mortgages to be 2.5 to 2.75% and 15 year mortage to be between 2 to 2.25%

It might take some time for the markets to reflect these rates but it will get there..

[BeerBob123]

Source?

[Tellugodu]

4 minutes ago, JambaKrantu said:

Yeay. Fed slashes the rates to 0 to 0.25%

Get ready for 30 year mortgages to be 2.5 to 2.75% and 15 year mortage to be between 2 to 2.25%

It might take some time for the markets to reflect these rates but it will get there..

How long it will take ??

[2020]

Just now, Tellugodu said:

How long it will take ??

+1

[JambaKrantu]

5 minutes ago, Tellugodu said:

How long it will take ??

There will be a lot demand initially so rates won't fall for some time. I am thinking between 1 to 2 months the rates will start dropping..

[JambaKrantu]

Today I called the broker he said he said the rates are not down yet but they will drop in 3 to 4 weeks..

[desiboys]

Stay away from any investments. Anni company stocks paduthunnayi

[r2d2]

if there is no respite from the current mess... recession/layoffs/foreclosures... housing market collapse... then mortgage rate will fall... till then it is better to hold off...

[quickgun_murugun]

16 hours ago, Tellugodu said:

How long it will take ??

inkoka 3 to 5 weeks

[Paaji]

1 hour ago, JambaKrantu said:

Today I called the broker he said he said the rates are not down yet but they will drop in 3 to 4 weeks..

I’d it

[Rabbo]

17 hours ago, JambaKrantu said:

Yeay. Fed slashes the rates to 0 to 0.25%

Get ready for 30 year mortgages to be 2.5 to 2.75% and 15 year mortage to be between 2 to 2.25%

It might take some time for the markets to reflect these rates but it will get there..

jobs undavu 2% or 2.5% mortgae kattadini 

[phatposts]

Fed rates are not tied to mortgage rates. Mortgage rates are driven by Mortgage backed securities (MBS)

Unless the fed starts lowering rates on MBS or they pump money in to MBS your home mortgage rates wont see a change. 

Stop spreading misinformation please. 

[JambaKrantu]

1 minute ago, phatposts said:

Fed rates are not tied to mortgage rates. Mortgage rates are driven by Mortgage backed securities (MBS)

Unless the fed starts lowering rates on MBS or they pump money in to MBS your home mortgage rates wont see a change. 

Stop spreading misinformation please. 

Feds are buying $200 billion MBS

[Sizzler]

Mortgage Rates haven’t changed today. 

[Sucker]

Repo yellundo jobs peekesthe mortgage tho yem cheskovali ani @r2d2 asking