MCasq_qsaCJ_234@lemmy.zip to News@lemmy.worldEnglish · 4 months agoUS 30-year fixed-rate mortgage falls to 6.20%www.reuters.comexternal-linkmessage-square9fedilinkarrow-up195
arrow-up195external-linkUS 30-year fixed-rate mortgage falls to 6.20%www.reuters.comMCasq_qsaCJ_234@lemmy.zip to News@lemmy.worldEnglish · 4 months agomessage-square9fedilink
minus-squareYaksDC@lemm.eelinkfedilinkarrow-up36·4 months agoMy last 30 year mortgage was at 2.375. I have since sold that home and never plan on buying in the US again.
minus-squarecallouscomic@lemm.eelinkfedilinkEnglisharrow-up31·4 months agoThe average mortgage rate in 1982 was 16.04%. … I also wanted to contribute random remarks.
minus-squareSpacehooks@reddthat.comlinkfedilinkEnglisharrow-up13·4 months agoI bet the house was around 100k ish so 325k with inflation. Avg house cost is 600k now. Yeah either way im screwed I guess.
minus-squareJonsJava@lemmy.worldMlinkfedilinkEnglisharrow-up16·4 months agoMine wasn’t that good, but 70K at 3.1 is much better than things are today. U.S. housing market is fucked.
minus-squareIsThisAnAI@lemmy.worldlinkfedilinkarrow-up10·4 months agoIt’s not really. It went up quickly and stabilized. Rates are still near historic lows. This nobody is going own a home bullshit needs to stop. It’s just false.
minus-squaresartalon@lemmy.worldlinkfedilinkarrow-up9·4 months agoThis comment does not make any sense.
My last 30 year mortgage was at 2.375. I have since sold that home and never plan on buying in the US again.
The average mortgage rate in 1982 was 16.04%.
…
I also wanted to contribute random remarks.
I bet the house was around 100k ish so 325k with inflation. Avg house cost is 600k now. Yeah either way im screwed I guess.
Mine wasn’t that good, but 70K at 3.1 is much better than things are today.
U.S. housing market is fucked.
It’s not really. It went up quickly and stabilized. Rates are still near historic lows. This nobody is going own a home bullshit needs to stop. It’s just false.
This comment does not make any sense.