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Real Estate
Reply to "Trump orders fannie/fredde to buy mortgage bonds - rates dropping"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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?[/quote] 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.[/quote] the unemployment rate is 4.5% and the inflation rate is 2.7%. Not bad, really.[/quote] I trust any number coming out of this administration. Boots on the ground says both are up, wildly so. [/quote] 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. [/quote] The past 4 years were revised down[/quote]
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