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🚨 30 yr refinance rates above 4%, 15 yr above 3% 🚨

...
wonderful lodge selfie
  02/12/22
absolutely insane
glittery office
  02/12/22
Property values 📉📉📉
Irradiated pocket flask
  02/12/22
Historically, rates 📈 --> prices 📈.
Startling alcoholic parlor mother
  02/12/22
How exactly? Prices are already at the very limit of what bu...
Irradiated pocket flask
  02/12/22
...
vermilion friendly grandma
  02/12/22
Pretty simple: people will buy houses they can’t affor...
charcoal point organic girlfriend
  02/12/22
I don't know what people are cutting (retirement? goods?), b...
Startling alcoholic parlor mother
  02/12/22
More people will rent from investors.
Soul-stirring half-breed heaven
  02/12/22
1. tons of idle cash sitting on the sideline getting eaten a...
glittery office
  02/12/22
LOL I’m rate locked at 2.3% for a 30 year.
charcoal point organic girlfriend
  02/12/22
you're pretty much making money on paying your mortgage ever...
Bright dead old irish cottage alpha
  02/12/22
cr - i typically don't finance, but got .9% for a 36 month f...
pungent yellow karate
  02/12/22
That's true at 4% too at 7.5% inflation.
Seedy hateful box office pistol
  02/12/22
Wage inflation is the one you'd look at. Expensive beef does...
Startling alcoholic parlor mother
  02/12/22
Good or bad?
Racy Canary Space
  02/12/22
Still a massive supply issue of homes in my area. Home price...
Odious rambunctious french chef
  02/12/22
...
wonderful lodge selfie
  02/12/22
By design my friend, by design.
Henna tattoo hall
  02/12/22
oh no not high interest rates lol
Aromatic field
  02/12/22


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Reply Favorite

Date: February 12th, 2022 2:02 PM
Author: wonderful lodge selfie



(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956294)



Reply Favorite

Date: February 12th, 2022 2:06 PM
Author: glittery office

absolutely insane

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956304)



Reply Favorite

Date: February 12th, 2022 2:09 PM
Author: Irradiated pocket flask

Property values 📉📉📉

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956317)



Reply Favorite

Date: February 12th, 2022 2:15 PM
Author: Startling alcoholic parlor mother

Historically, rates 📈 --> prices 📈.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956348)



Reply Favorite

Date: February 12th, 2022 2:19 PM
Author: Irradiated pocket flask

How exactly? Prices are already at the very limit of what buyers can afford in many markets. There’s simply no way higher mortgage rates don’t have an impact on demand.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956360)



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Date: February 12th, 2022 2:47 PM
Author: vermilion friendly grandma



(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956476)



Reply Favorite

Date: February 12th, 2022 3:06 PM
Author: charcoal point organic girlfriend

Pretty simple: people will buy houses they can’t afford.

People need somewhere to live. There is very little housing supply, few new homes being built in a lot of major metro areas, and rent is soaring too. NYC rent fully recovered from the pandemic in November 21 and set a new record in December 21. That record was broken in January 22.

https://therealdeal.com/2022/01/14/rents-in-manhattan-and-nw-queens-recover-while-brooklyn-lags-behind/



(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956553)



Reply Favorite

Date: February 12th, 2022 3:21 PM
Author: Startling alcoholic parlor mother

I don't know what people are cutting (retirement? goods?), but they're paying.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956640)



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Date: February 12th, 2022 3:36 PM
Author: Soul-stirring half-breed heaven

More people will rent from investors.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956713)



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Date: February 12th, 2022 4:22 PM
Author: glittery office

1. tons of idle cash sitting on the sideline getting eaten away by inflation

2. less competition as others drop out so it can be put to use

3. in many cities real estate appreciates more than equity

4. less people selling --> fewer houses --> prices higher

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956975)



Reply Favorite

Date: February 12th, 2022 3:07 PM
Author: charcoal point organic girlfriend

LOL I’m rate locked at 2.3% for a 30 year.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956556)



Reply Favorite

Date: February 12th, 2022 3:14 PM
Author: Bright dead old irish cottage alpha

you're pretty much making money on paying your mortgage every month

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956598)



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Date: February 12th, 2022 3:40 PM
Author: pungent yellow karate

cr - i typically don't finance, but got .9% for a 36 month from PenFed for my new car. With inflation what it is, coming out way ahead.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956751)



Reply Favorite

Date: February 12th, 2022 6:03 PM
Author: Seedy hateful box office pistol

That's true at 4% too at 7.5% inflation.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43957443)



Reply Favorite

Date: February 12th, 2022 6:13 PM
Author: Startling alcoholic parlor mother

Wage inflation is the one you'd look at. Expensive beef doesn't pay your car loan.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43957491)



Reply Favorite

Date: February 12th, 2022 3:40 PM
Author: Racy Canary Space

Good or bad?

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43956746)



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Date: February 12th, 2022 6:02 PM
Author: Odious rambunctious french chef

Still a massive supply issue of homes in my area. Home prices keep going up despite the rates climbing. Insane.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43957438)



Reply Favorite

Date: February 12th, 2022 6:48 PM
Author: wonderful lodge selfie



(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43957669)



Reply Favorite

Date: February 12th, 2022 8:18 PM
Author: Henna tattoo hall

By design my friend, by design.

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43958041)



Reply Favorite

Date: February 12th, 2022 6:02 PM
Author: Aromatic field

oh no not high interest rates lol

(http://www.autoadmit.com/thread.php?thread_id=5030326&forum_id=2#43957440)