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Nov 18, 2024
2:15
:47
pm
Jericho
Intervention Needed
If they cut too much of that (which I support), they may hinder the economy
that way as well. So many businesses are reliant on government contracts, tax credits, and stimulus.
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Jericho
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Jericho
Joined
Apr 16, 2010
Last login
Nov 18, 2024
Total posts
101,001 (9,651 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
claw
1:45pm
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