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Real Estate
Reply to "Where will mortgage rates go in the next 1-2 years?"
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[quote=Anonymous][quote=Anonymous]They will go back to where they were before the pandemic, about 3-4%[/quote] No way. They will be 5-5.5 for years. Inflation is much harder to get out of than into. They have to take those trillions out of the economy with taxes or a recession to get back to 2%, and at the same time the debt is so high their only hope is to inflate it away. I don’t buy form a second that they are racing to a 2% target. They gotta get rid of some of that debt first and that means high interest for a longer time and increased taxes. With the supply side problems on housing compounding the problem by keeping demand high.[/quote]
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