An increasing number of renters are worried they will never be able to buy a home, with many pointing to the lack of affordability as the main culprit, according to a survey released Friday by Redf…
Allegedly rates are set to go back down later this year and people with shit rates should be able to refinance. Prices are absolutely sickening all around whether you rent or are paying off a mortgage.
Rate cuts are alleged by people addicted to cheap debt, wanting to pump up asset prices. They alleged that there would be six rate cuts and have since revised that to three, but seem like they’re going to revise that down to one. Eventually they’ll understand that there will likely be zero rate cuts this year since the federal reserve that actually sets the rate hasn’t indicated that they will cut rates because inflation hasn’t settled down yet (and would likely shoot back up the second rates are cut).
https://themortgagereports.com/61853/30-year-mortgage-rates-chart
It’s really bad and it’s getting worse.
Allegedly rates are set to go back down later this year and people with shit rates should be able to refinance. Prices are absolutely sickening all around whether you rent or are paying off a mortgage.
Rate cuts are alleged by people addicted to cheap debt, wanting to pump up asset prices. They alleged that there would be six rate cuts and have since revised that to three, but seem like they’re going to revise that down to one. Eventually they’ll understand that there will likely be zero rate cuts this year since the federal reserve that actually sets the rate hasn’t indicated that they will cut rates because inflation hasn’t settled down yet (and would likely shoot back up the second rates are cut).