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WSJ: Trump's tax cut blowout already raising mortgage rates - link

Borrowers aren’t yet feeling the effect of the Federal...
Titillating Balding Headpube Corner
  11/07/24
just closed on my first home at 6.5% yesterday. Rate me
Laughsome market
  11/07/24
i rate U as having 2x interest rate as me
Big Trailer Park
  11/07/24
Same. He’s probably 2x as Tall as me though.
thriller french rigpig
  11/07/24
Same rate as I have. sucks.
Cracking Lemon Faggot Firefighter School Cafeteria
  11/07/24
seems like it could be worse Boomers talk to me about their...
Laughsome market
  11/07/24
It was like 15% briefly in the early 80s, they of course ref...
Cracking Lemon Faggot Firefighter School Cafeteria
  11/07/24
The house price was like 4 years gross salary instead of 12
sticky glittery parlour brethren
  11/07/24
as will we, brother
Laughsome market
  11/07/24
sold our starter house w/ 2.125%, and paid cash for our new ...
fuchsia misanthropic box office nibblets
  11/07/24
Will fed sabatoge trump economy by raising rates?
puce center sneaky criminal
  11/07/24
L'Chaim!
Filthy Big-titted Site
  11/07/24
...
Motley ocher turdskin
  11/07/24
I’m using a personal loan at 9% and a business loan at...
Heady ivory azn wrinkle
  11/07/24
a GREAT Goyim!
Filthy Big-titted Site
  11/07/24
Interest rates have been rising for 2 months. Not 2 days.
self-centered ebony cuckold
  11/07/24
Plus who is president now?
thriller french rigpig
  11/07/24
...
Aqua Submissive Den
  11/07/24


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Date: November 7th, 2024 2:39 PM
Author: Titillating Balding Headpube Corner

Borrowers aren’t yet feeling the effect of the Federal Reserve’s interest-rate cuts.

The central bank lowered its benchmark rate by a quarter-percentage point Thursday, following its half-point cut in September.

But the average rate on a 30-year fixed mortgage has gone in the opposite direction since the Fed’s first cut, rising by more than half a percentage point to 6.79% this week, Freddie Mac said Thursday. It might keep climbing, tracking the recent rise in the 10-year Treasury yield.

The Fed wants to push down the cost of borrowing money for homes, cars and other purchases. But mortgage rates aren’t determined by the Fed, they are heavily influenced by Treasury yields, which go up and down based on economic expectations. And the outlook for growth is strong, keeping both yields and mortgage rates high.

Yields have also been rising since President-elect Donald Trump’s victory. Investors think that Trump’s tax-cut heavy agenda would add to the deficit and increase economic growth and inflation. That would put upward pressure on Treasury yields. Trump has also promised higher tariffs, which could further add to inflation.

“Higher for longer, unfortunately, for all of us is going to be a thing, even in the face of Fed rate cuts,” said John Toohig, head of whole-loan trading at Raymond James. “You would need to see the economy show some real signs of economic weakness to see rates truly drop.”

https://www.wsj.com/economy/housing/mortgages-fed-interest-rate-cuts-7e5345b8

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306281)



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Date: November 7th, 2024 2:42 PM
Author: Laughsome market

just closed on my first home at 6.5% yesterday. Rate me

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306295)



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Date: November 7th, 2024 2:42 PM
Author: Big Trailer Park

i rate U as having 2x interest rate as me

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306297)



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Date: November 7th, 2024 7:13 PM
Author: thriller french rigpig

Same. He’s probably

2x as Tall as me though.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307484)



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Date: November 7th, 2024 2:44 PM
Author: Cracking Lemon Faggot Firefighter School Cafeteria

Same rate as I have. sucks.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306299)



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Date: November 7th, 2024 2:56 PM
Author: Laughsome market

seems like it could be worse

Boomers talk to me about their original 15% rate (but they're all <3% now)

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306356)



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Date: November 7th, 2024 3:42 PM
Author: Cracking Lemon Faggot Firefighter School Cafeteria

It was like 15% briefly in the early 80s, they of course refinanced them later at some point.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306597)



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Date: November 7th, 2024 4:15 PM
Author: sticky glittery parlour brethren

The house price was like 4 years gross salary instead of 12

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306749)



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Date: November 7th, 2024 7:06 PM
Author: Laughsome market

as will we, brother

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307441)



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Date: November 7th, 2024 7:11 PM
Author: fuchsia misanthropic box office nibblets

sold our starter house w/ 2.125%, and paid cash for our new home bc of 7% rates. rate me.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307471)



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Date: November 7th, 2024 2:46 PM
Author: puce center sneaky criminal

Will fed sabatoge trump economy by raising rates?

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306306)



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Date: November 7th, 2024 3:20 PM
Author: Filthy Big-titted Site

L'Chaim!

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306457)



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Date: November 7th, 2024 7:12 PM
Author: Motley ocher turdskin



(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307476)



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Date: November 7th, 2024 3:22 PM
Author: Heady ivory azn wrinkle

I’m using a personal loan at 9% and a business loan at 15% to build a house. Rate me.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306468)



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Date: November 7th, 2024 3:22 PM
Author: Filthy Big-titted Site

a GREAT Goyim!

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306472)



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Date: November 7th, 2024 3:39 PM
Author: self-centered ebony cuckold

Interest rates have been rising for 2 months. Not 2 days.

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48306582)



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Date: November 7th, 2024 7:14 PM
Author: thriller french rigpig

Plus who is president now?

(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307493)



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Date: November 7th, 2024 8:00 PM
Author: Aqua Submissive Den



(http://www.autoadmit.com/thread.php?thread_id=5629579&forum_id=2#48307855)