Good points. What else can they do to keep inflation under

Nov 18, 2024
2:08:00pm

cougar95 All-American

control? Tighten the money supply? If these mtg. rates don't go down and prices don't go down (one or the other will give eventually) then the housing market is dead for a while.

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cougar95

Bio page: cougar95
Joined: Nov 11, 2002
Last login: Nov 18, 2024
Total posts: 3,794 (3 FO)

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Messages

Author

Time

My son is buying his first home. Is it worth buying down points on interest

WY_CougFan

12:26pm

Just as relevant to ask how long he'll really be in that first home.

dwhitebud

12:27pm

<< Deleted >>

Mike Honcho

12:27pm

Rates won't be going down.

Wife_Apologist

12:28pm

Daughter bought down after told it would help even after a year if come down & refi.

Soupie

12:28pm

Where? What state? If it is a new home builders are

cougar95

12:32pm

Rochester MN. Working for Mayo Clinic and they tell him the housing market

WY_CougFan

3:08pm

usually the break even is about 7+ years out if nothing changes, not

BYUFBDAD

12:43pm

Expect the fed to continue to lower rates over the next several years

Jericho

1:07pm

Why would Fed continue to lower rates? Bad economy? Deflation?

Wife_Apologist

1:47pm

Several reasons

Jericho

2:00pm

Good points. What else can they do to keep inflation under

cougar95

2:08pm

Yeah the debt is an albatross... that might do it... oof

Wife_Apologist

2:09pm

Yep, at some point $36+T is gonna kill us. DOGE is gonna have to

cougar95

2:13pm

If they cut too much of that (which I support), they may hinder the economy

Jericho

2:15pm

About 3 million federal jobs; average about $100k but let's use $200k. Only $600

Wife_Apologist

2:25pm

Simple, just go back to 2019 spending levels. That's $2T+ less than now.

cougar95

3:27pm

May want to watch this

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