Trump orders fannie/fredde to buy mortgage bonds - rates dropping

[Anonymous]

Anonymous wrote:so for people like me who have to refinance for in the next 2 yrs, when should I do it? Wait until the summer?

Yes

However rates will not drop much

Trump is lying

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The rates need to get low enough that people who feel trapped by their good rate will be willing to sell. If you have a 3% mortgage, 5.99 isn’t going to do that for you. The question is, what number will?

Why would people want to move in the US? To where? The job market sucks. There is no manufacturing boom. Unemployment is rising, and inflation is holding steady.

the unemployment rate is 4.5% and the inflation rate is 2.7%. Not bad, really.

I trust any number coming out of this administration. Boots on the ground says both are up, wildly so.

The economic data is no longer reliable and cannot be trusted. After they fired the BLS employee for publishing an unfavorable job report there is zero credibility for economic data from gov.

The past 4 years were revised down

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The rates need to get low enough that people who feel trapped by their good rate will be willing to sell. If you have a 3% mortgage, 5.99 isn’t going to do that for you. The question is, what number will?

Why would people want to move in the US? To where? The job market sucks. There is no manufacturing boom. Unemployment is rising, and inflation is holding steady.

the unemployment rate is 4.5% and the inflation rate is 2.7%. Not bad, really.

I trust any number coming out of this administration. Boots on the ground says both are up, wildly so.

The economic data is no longer reliable and cannot be trusted. After they fired the BLS employee for publishing an unfavorable job report there is zero credibility for economic data from gov.

The past 4 years were revised down

accurately? Or just by fiat? FFS.

[Anonymous]

Interest rates will be going up, especially after May.
Maybe wait the full two years?

[Anonymous]

Anonymous wrote:The rates need to get low enough that people who feel trapped by their good rate will be willing to sell. If you have a 3% mortgage, 5.99 isn’t going to do that for you. The question is, what number will?

The solution here has to be a transferable lease that lasts as long as the mortgage.

[Anonymous]

Great can he please do something about all the banks sitting on all the foreclosures to keep home prices high and inventory so low? That would be great is someone could address this.

[Anonymous]

Thx for flagging