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We can thank President Trump for the low rates to buy a new Home . This would be very nice for a young family trying to buy a home and start the families. This is great , thank you Mr. President.
Got a private load at 10% way below market for my first house in the Jimmy Carter days. People don’t realize how good it is due to their limited exposure! Take advantage people now is a good time for many economic changes in your personal life, find dream job or start a business!
1st house many moons ago 16 3/4 % fixed 30 year mortgage. So 4-5% looks good to me. It's all relative.
Romeo_Busiku EndTheFed
Housing market is not battered, its cyclical.
😶
Current rates are around 4.3% When I was starting out in life, mortgage interest rates were 10% Cry me a river.
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Mortgage rates stay subdued, bringing relief to slumping housing marketRates for home loans were unchanged at recent lows, helping bolster the housing market’s comeback case.
Source: MarketWatch - 🏆 3. / 97 Read more »
Futures market shows the Fed won't raise rates this year, says strategistJonathan Golub, chief U.S. equity strategist at Credit Suisse, and Michael Zezas, head of U.S. public policy strategy for Morgan Stanley, join CNBC's 'Squawk on the Street' to discuss how earnings warnings and President Trump may be affecting the markets. Investment income should be taxed as labor income is.
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Housing Market Is Canary in Interest-Rate Coal MineThere may be reason to worry that the whole U.S. economy has become dependent on low rates and that the housing market is merely the first area to show symptoms of it. Well, duh. remember early 90's ? you have to raise interest rates when economy is very good …… or banks will go bankrupt on unpaid loans …..trump went bankrupt in the early 90s …..I love to borrow money with no interest …..wake up
Source: WSJ - 🏆 98. / 63 Read more »