Jpow indicates more hikes- new home buyers smaash

[manchulomajjiga]

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

[ARYA]

@Sonu_Patel ide saraina samayam 

[manchulomajjiga]

4 minutes ago, ARYA said:

@Sonu_Patel ide saraina samayam 

Enti vuncle inka decide kaleda?

[Pandubabu]

@Sonu_Pateluncle ,come and show your frustration 

[Gorantlamdhav]

1 hour ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

Reverse is true, sellers time now . Not buying 

[hunkyfunky2]

1 hour ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

people are still buying with 3/1 and 5/1 APRs at lower 4%.  Same thing happened in 2004/2005. As interest rates increased, people opted for 3/1 and 4/1 ARMs with balloon payments (deferred payment) etc. 

Only the job losses and housing crash put a full stop. 

With current employment rate, it'll be a while we'll see housing crash. 

[Sonu_Patel]

2 hours ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

9% interest rate ki housing crash avtadi.. 750k homes anni below 500K ki vasthae due to affordability. I will post a new thread with my analysis. 

[Sonu_Patel]

1 hour ago, Pandubabu said:

@Sonu_Pateluncle ,come and show your frustration 

9% rates ravali.. house prices taggali ani @perugu_vada vuncle antunde

[Ravi860]

Evari analysis valladi.. there are predictions that rates actually going to cool off end of 2023

Mortgage rates will drop to 5.2% this year despite the uptick this month, said a top economist

https://www.businessinsider.com/home-mortgage-rates-to-fall-this-year-2023-2?amp

[Sreeven]

2 hours ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

Warren baga esukundi veedini..only interest hikes Paine enduku depend avutavu..why do you want to put 2m people out of work ani..

[manchulomajjiga]

1 hour ago, hunkyfunky2 said:

people are still buying with 3/1 and 5/1 APRs at lower 4%.  Same thing happened in 2004/2005. As interest rates increased, people opted for 3/1 and 4/1 ARMs with balloon payments (deferred payment) etc. 

Only the job losses and housing crash put a full stop. 

With current employment rate, it'll be a while we'll see housing crash. 

Its not about interest all together! Its about the highly inflated house price ! True interest rate can be changed and refinanced later but if we sign a home at this level of inflated pricing it will be hell lot difficult to break even and sell if we have to move in next 5-7 years 

[Anta Assamey]

3 hours ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

Mari 10 years anta high lo uncharu emo..

[manchulomajjiga]

10 minutes ago, Anta Assamey said:

Mari 10 years anta high lo uncharu emo..

😂😂rate kaaadu mayyyaa house price okkasari konnaka inka change vundadu ! Supply and demand equation nuetral ayi rates normalize aithe one year taravata konevadiki e year konevalakante takkuvaki vasthadi home so a logic tho ala annanu

[perugu_vada]

2 hours ago, Sonu_Patel said:

9% rates ravali.. house prices taggali ani @perugu_vada vuncle antunde

 

2 hours ago, Ravi860 said:

Evari analysis valladi.. there are predictions that rates actually going to cool off end of 2023

Mortgage rates will drop to 5.2% this year despite the uptick this month, said a top economist

https://www.businessinsider.com/home-mortgage-rates-to-fall-this-year-2023-2?amp

Monthly mortgage payments are within one’s reach then buy .. Leda wait cheyali .. Ipude ani kadu .. epudaina sare 

[BommaliNinnodhala]

4 hours ago, manchulomajjiga said:

House konevallu konesukondi ra abbailu idhi 9% elipoyi chance vundhi ! Konna vallu ika next 10 years e high inflated price ki interests kadutu kurchondi amma 

Niku happies ee ga — yenjoyyy —  

 

There will be always people who will go beyond their means — which will land them in trouble but there is nothing like perfect timing man — i know few of them personally why are waiting from last 2-3years and who waited and bought at peak — personal choice anthe — dhaankki sankalu guddukoni happy ga feel avvalsina pani ledu just because your statements are not heard —