Mortgage Rates jump to 7.22%

[Rust_Cohle]

And here's a handy little graph to show how Joe Biden and "Build Back Better" has fucked the housing market.

30 Year Fixed Mortgage Rates - Mortgage News Daily

Find average mortgage rates for the 30 year fixed rate mortgage from Mortgage News Daily.

www.mortgagenewsdaily.com

Good job liberals this is what you voted for you absolute smooth brains

 

[1srelluc]

It's the "new normal" the leftists want you to get used to.

 

[Mikeoxenormous]

And here's a handy little graph to show how Joe Biden and "Build Back Better" has fucked the housing market.

30 Year Fixed Mortgage Rates - Mortgage News Daily

Find average mortgage rates for the 30 year fixed rate mortgage from Mortgage News Daily.

www.mortgagenewsdaily.com

Good job liberals this is what you voted for you absolute smooth brains

They want more young people living in apartments like they did in the old Soviet Union where the government controls everything.

 

[mudwhistle]

It's the "new normal" the leftists want you to get used to.

Get used to getting f**ked without any grease.

 

[Moonglow]

And here's a handy little graph to show how Joe Biden and "Build Back Better" has fucked the housing market.

30 Year Fixed Mortgage Rates - Mortgage News Daily

Find average mortgage rates for the 30 year fixed rate mortgage from Mortgage News Daily.

www.mortgagenewsdaily.com

Good job liberals this is what you voted for you absolute smooth brains

if you don't like it don't utilize it.

 

[Manonthestreet]

 

[two_iron]

"Stuttering Fuck-a-nomics" isn't for everyone.... it's mostly for billionaires.

Jimmuh Carter says "Let's go Brandon!"

 

[Votto]

It's the "new normal" the leftists want you to get used to.

No, it will get much worse.

That is the heart and soul of Leftism, destruction and misery.

 

[Rust_Cohle]

if you don't like it don't utilize it.

A mortgage, dumbass? Don't buy a home that's your line? You dems really do wanna destroy the American dream you fucking god damn pieces of shit

 

[Moonglow]

A mortgage, dumbass? Don't buy a home that's your line? You dems really do wanna destroy the American dream you fucking god damn pieces of shit

I suggest anger management.

 

[Rust_Cohle]

I suggest anger management.

I suggest you go swim in a pool of rusty razors with Greg Loughanis

 

[Leo123]

This spells disaster to housing and mortgage business. Biden strikes against Americans again.

 

[Thunk]

Keep voting democrat!!!

 

[DudleySmith]

It should be more like 25% given the inflation rates. Doesn't matter now, since few can afford to buy a house already. Over half the 'market' here is big corporations buying them up, not individuals. We're being Californicated, like Oregon and Washington was.

 

[Care4all]

And here's a handy little graph to show how Joe Biden and "Build Back Better" has fucked the housing market.

30 Year Fixed Mortgage Rates - Mortgage News Daily

Find average mortgage rates for the 30 year fixed rate mortgage from Mortgage News Daily.

www.mortgagenewsdaily.com

Good job liberals this is what you voted for you absolute smooth brains

My first home bought in the 1980s mortgage interest rate was 13.5%,

My next home bought 15 years later... the mortgage interest rate was 8.0%.

My third home bought 10 years later, mortgage interest rate was 0%...we paid cash for it from the profit of the 2nd home sale!!! (We were lucky and bought the home low, and sold it in a high real estate booming market)

Mortgage rates have been much higher and can go much higher!

It sucks wind!

But, we've lived through it before, and will likely again!

 

[Lumpy 1]

My first home bought in the 1980s mortgage interest rate was 13.5%,

My next home bought 15 years later... the mortgage interest rate was 8.0%.

My third home bought 10 years later, mortgage interest rate was 0%...we paid cash for it from the profit of the 2nd home sale!!! (We were lucky and bought the home low, and sold it in a high real estate booming market)

Mortgage rates have been much higher and can go much higher!

It sucks wind!

But, we've lived through it before, and will likely again!

but sugar plum .. how much did that 80’s house cost?

 

[Care4all]

but sugar plum .. how much did that 80’s house cost?

Only $55,000! It was a 3/2 townhouse, in Florida when homes were cheap! My hubby was a medical technologist , recent college grad, and was paid $400 a week, $10 an hour....and we thought he scored big time with his new job!

Yes, homes were a lot less, but we made a lot less....

And the whole point of raising interest rates is to slow inflation or reduce inflation....

Prices on homes should be coming down, if fewer people can buy them due to higher interest rates.... Yep, it is a slow process and stinks if you are in the market right now for a home...

But the one thing my older age has brought, is hindsight! We will make it through this, just as we have in other tough times.

The glass is half full, the glass is not half empty!

 

[luiza]

Base rate set to rise again later this month . The middle class are being strangled and popped into poverty

 

[Lumpy 1]

Only $55,000! It was a 3/2 townhouse, in Florida when homes were cheap! My hubby was a medical technologist , recent college grad, and was paid $400 a week, $10 an hour....and we thought he scored big time with his new job!

Yes, homes were a lot less, but we made a lot less....

And the whole point of raising interest rates is to slow inflation or reduce inflation....

Prices on homes should be coming down, if fewer people can buy them due to higher interest rates.... Yep, it is a slow process and stinks if you are in the market right now for a home...

But the one thing my older age has brought, is hindsight! We will make it through this, just as we have in other tough times.

The glass is half full, the glass is not half empty!

I appreciate that positive attitude of yours sweet Darlin and respectfully offer a hug.

You know in those days you could generally assume the previous owners 1st loan at a far lower interest. I haven’t checked but I doubt you have that option these days and besides I just felt like messing with you for the fun of it..

 

[Lumpy 1]

I’m thinking I’ve lived in a far better time and those better times are ending, where it goes from here seems bleak for the manipulated and bickering tribal un-wealthy.