These mortgage rates man :dead:

[Geek Nasty]

Federal Funds Rate - 62 Year Historical Chart

I thought I was seeing rates in the 2-3% range not too long ago, now they're mid 4% range off a 0.25% fed rate raise???

 

[The_Unchosen_One]

Federal Funds Rate - 62 Year Historical Chart

I thought I was seeing rates in the 2-3% range not too long ago, now they're mid 4% range off a 0.25% fed rate raise???

2.25%

 

[chineebai]

Housing prices still high even with higher rates

 

[Ed MOTHEREFFING G]

Federal Funds Rate - 62 Year Historical Chart

I thought I was seeing rates in the 2-3% range not too long ago, now they're mid 4% range off a 0.25% fed rate raise???

The fed has indicated roughly 5 more rate raises. Bond rates have already moved in that direction as cost of funds has risen.

In short, a 25 basis point raise is not equivalent to a 25bps lending rate increase. It is a function of both that, and anticipated raises and access to capital/money supply.

 

[OfTheCross]

The fed has indicated roughly 5 more rate raises. Bond rates have already moved in that direction as cost of funds has risen.

In short, a 25 basis point raise is not equivalent to a 25bps lending rate increase. It is a function of both that, and anticipated raises and access to capital/money supply.

yeah...everyone is already pricing the increases in. They know the Fed isn't stopping here...

 

[Geek Nasty]

2.25%

That what you just got quoted at? I was just going off a Lending Tree ad

 

[The_Unchosen_One]

That what you just got quoted at? I was just going off a Lending Tree ad

Thats my Interest rate

 

[Ed MOTHEREFFING G]

yeah...everyone is already pricing the increases in. They know the Fed isn't stopping here...

They raised it 50bps since this thread was made because the fed meeting was going on

 

[88m3]

I got a 3% re-fi last year on a second home and in contract at 5% on commercial that is an arm that is a little risky but

 

[the cac mamba]

got a 15 year for 2.7 a year and a half ago. looks like i timed it pretty good

 

[Ed MOTHEREFFING G]

I got a 3% re-fi last year on a second home and in contract at 5% on commercial that is an arm that is a little risky but

Consider a swap rate now to lock in pricing on that commercial

 

[LadyJ2]

Rental homes are going to be unattainable very soon.

 

[Brehcepticon]

It was all good just 14 years ago

 

[chineebai]

got a 2.3% a year ago on a 30 year fixed.

 

[acri1]

Yeah I've been procrastinating on buying my first house for the last few years, look like I should've jumped on that

The way things are looking now I might be renting for another few years