Federal Reserve cuts interest rates

[AAKing23]

So much for the housing crash that never happened. People listening to clickbaiter white boys like Reventure, Michael Bordenaro, Meet Kevin, and Graham Stephen for the past 3-4 years sitting on the sidelines got played.

The same outdated homes boomers overpriced that are sitting right now for half-a-million will have multiple offers next spring. By that time there will be 2-3 more rate cuts bringing mortgage rates down to the low 5's or even high 4's.

Which is so idiotic

Prices are still unaffordable, who gives af about the rate

 

[Sir Richard Spirit]

Bandemic back next summer

 

[IIVI]

Good news for America is bad news for MAGA is so accurate.

Those cats stay creating problems so they can "fix" what wasn't broken.

Those Republican politicians don't do any real work whatsoever.

Foot on the neck time. Bout to close the chapter on clown MAGA

 

[Belize King]

Bandemic about to be back

 

[Gloxina]

Nice bout time

 

[Secure Da Bag]

Interest rate cut may be all it turns out to be

Spoiler: hint

inflation is coming

 

[Uitomy]

How will it help the job market?

I’m not sure this will make companies stray away from the path they currently on?

Nope they'll just keep laying off even more jobs

 

[Uitomy]

So much for the housing crash that never happened. People listening to clickbaiter white boys like Reventure, Michael Bordenaro, Meet Kevin, and Graham Stephen for the past 3-4 years sitting on the sidelines got played.

The same outdated homes boomers overpriced that are sitting right now for half-a-million will have multiple offers next spring. By that time there will be 2-3 more rate cuts bringing mortgage rates down to the low 5's or even high 4's.

The real housing crash is really the future where most younger people now still won't be able to afford homes the next few decades. Plenty of boomers and gen X'rs perfectly living life getting houses, you see them in this thread. But younger millennials, zoomers, and those under them, are going to struggle mightily this up coming decade and beyond. The drug use, crime, poverty, social media addictions, lack of irl social connections, are no longer issues the government and people are willing to solve so all I got to say is congrats to anyone that can make a solid life for themselves and afford to live.

 

[NO-BadAzz]

So much for the housing crash that never happened. People listening to clickbaiter white boys like Reventure, Michael Bordenaro, Meet Kevin, and Graham Stephen for the past 3-4 years sitting on the sidelines got played.

The same outdated homes boomers overpriced that are sitting right now for half-a-million will have multiple offers next spring. By that time there will be 2-3 more rate cuts bringing mortgage rates down to the low 5's or even high 4's.

I can't wait.

 

[Arizax2]

I'm at a 7.1 morgage rate...I'm seeing Penfed doing 5.5. Most other places im seeing 6.5 which i assume is sometype of buy down in there. I kinda Wana wait to see if these things drop a where near 4 before refinancing.

 

[Sad Bunny]

Excuse my lack of financial savvy, but will this help folks in credit card debt?

No lol

 

[Batsute]

How will it help the job market?

I’m not sure this will make companies stray away from the path they currently on?

Easier for them to borrow money, tool up, and take risks with investments which will undoubtedly need labor When rates get hiked up they’ll just do layoffs.

 

[Sad Bunny]

I'm at a 7.1 morgage rate

 

[Arizax2]

I know...I had to relocate for my job during the hight of the rates. I had to sell my house with a 3.25 and ended up with a 7.1....

 

[Sad Bunny]

I know...I had to relocate for my job during the hight of the rates. I had to sell my house with a 3.25 and ended up with a 7.1....

Damn. That’s wild. I feel the pain 🥹