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

Politics aside, we’re seeing offers to refinance for low 5s. One of the agents I listen to on YouTube in this area said he’s seeing buyers get mortgages around 5.75% this week for new purchases.

Not bad…

We have 2.375%. I would love to move, but it’s going to take a huge drop before that would be worthwhile.

The president wrote that he plans to get Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds so mortgage rates will drop and homebuyers will save on monthly payments. Fannie Mae and Freddie Mac are government-backed companies that buy mortgages from lenders to free up lenders’ cash to offer home loans.

This is a grift just like everything else he says and does.

t’s an important point as an individual’s ability to get a low rate isn’t solely based on the mortgage bond market. A wide range of factors, including credit history, credit scores, income, and debt-to-income ratio, influence rates that consumers are offered and whether they’re approved for a mortgage, according to the Consumer Financial Protection Bureau.

The problem here is they are not lowering [the] risk of the marketplace or the debtor, so the new loans issued by banks may not have lower rates in the long term, as the risk profile [of the consumer] has not changed,” Cooke said.

Come on down MAGA idiots and listen to your godly idol Trump while he steals everything you ever worked for.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I personally know multiple people who are sitting on the sidelines including a 40ish couple with 2 small kids and $200k+ in savings stuffed in a rental waiting for rates to go down to buy a SFH, a small family who would like to upgrade to a home with more than 1 bathroom, etc. Rates under 5 will make these folks move.

You can not be this dumb.

Trump is not KING!

His son Barron is planning on marrying Princess of Denmark which will make him Kong

No, Barron Trump is not marrying a princess; rumors of him marrying Denmark's Princess Isabella are a viral internet joke originating from satire posts suggesting such a union as a "diplomatic solution" for the U.S. to acquire Greenland as a dowry, with no official basis in reality, note fact-checking sites like Snopes and entertainment news outlets confirming it's a hoax. The joke gained traction amid geopolitical discussions about Greenland, but both Barron Trump and Princess Isabella are single, with the latter being second in line to the Danish throne.
This video explains the origin of the rumor and the public's reaction to it:
Related video thumbnail
00:41



Origin of the rumor: A satirical account suggested a marriage between Barron Trump and Princess Isabella of Denmark to resolve tensions over Greenland, which is an autonomous Danish territory.
Viral spread: The idea spread on social media, with users joking about it as a modern-day dowry, but it's a fantasy, not a real engagement, as confirmed by Yahoo and NDTV.
Reality: There is no official announcement, and both individuals remain single, according to reports from Hindustan Times and MSN.
Proposal For Barron Trump To Marry Danish Princess Goes ...

No one is marrying that creeper but a white christian MAGA stupid.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is amazing news for all of us that got mortgages in the last couple years!!

https://www.cnbc.com/2026/01/09/heres-whats-happening-now-with-mortgage-rates-.html

Today, the 30-year fixed fell to 5.99. heck yeah!

Economists saying it could drop another 25-50 basis points.

You are an idiot

Not sure what your problem is. Guess you don't need to re-fi at a lower rate. Congrats.

Again you are an idiot.

Trump is not doing this he does not have the power to do this. Screw off MAGA cult of stupids.

OP - here's a WaPo article for today saying basically the same thing I did:

https://www.washingtonpost.com/business/2026/01/11/mortgage-lock-in-effect/

So all the strangely rude people on this forum can apologize.

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.

Anonymous wrote:

Anonymous wrote:I personally know multiple people who are sitting on the sidelines including a 40ish couple with 2 small kids and $200k+ in savings stuffed in a rental waiting for rates to go down to buy a SFH, a small family who would like to upgrade to a home with more than 1 bathroom, etc. Rates under 5 will make these folks move.

You can not be this dumb.

Trump is not KING!

His son Barron is planning on marrying Princess of Denmark which will make him Kong

Anonymous wrote:

Anonymous wrote:This is amazing news for all of us that got mortgages in the last couple years!!

https://www.cnbc.com/2026/01/09/heres-whats-happening-now-with-mortgage-rates-.html

Today, the 30-year fixed fell to 5.99. heck yeah!

Economists saying it could drop another 25-50 basis points.

You are an idiot

Not sure what your problem is. Guess you don't need to re-fi at a lower rate. Congrats.

Anonymous wrote:I personally know multiple people who are sitting on the sidelines including a 40ish couple with 2 small kids and $200k+ in savings stuffed in a rental waiting for rates to go down to buy a SFH, a small family who would like to upgrade to a home with more than 1 bathroom, etc. Rates under 5 will make these folks move.

You can not be this dumb.

Trump is not KING!

Anonymous wrote:I personally know multiple people who are sitting on the sidelines including a 40ish couple with 2 small kids and $200k+ in savings stuffed in a rental waiting for rates to go down to buy a SFH, a small family who would like to upgrade to a home with more than 1 bathroom, etc. Rates under 5 will make these folks move.

Rates under 5 would pop my buying power enough that I would move.

Oh goodie MAGA morons are out today

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.

+10000000000000

Trump is lying again

Anonymous wrote:This is amazing news for all of us that got mortgages in the last couple years!!

https://www.cnbc.com/2026/01/09/heres-whats-happening-now-with-mortgage-rates-.html

Today, the 30-year fixed fell to 5.99. heck yeah!

Economists saying it could drop another 25-50 basis points.

You are an idiot