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Real Estate
Reply to "Mortgage rates are set to stay elevated"
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[quote=Anonymous][quote=Anonymous]If anyone in here could guess better than Fannie Mae, they should be making millions of dollars in the bond markets.[/quote] They're just guess too. They stick with the herd and then everyone is surprised and no one gets fired when they're wrong. It's ridiculous to think that anyone can predict what rates will be a year from now. The biggest changes to rates have been from causes that no one saw coming, but we still pretend that it's knowable. Anyone remember when we were definitely going to have a recession this year? Bloomberg economists put the number of 100% https://www.bloomberg.com/news/articles/2022-10-17/forecast-for-us-recession-within-year-hits-100-in-blow-to-biden [/quote]
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