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Current Thread:
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Almost like the Fed has been raising interest rates. A largely -- Capital City Hoo 08/17/2023 3:07PM No, no, no!!! Biden controls interest rates with a dial in the Oval Office. ** -- SixerHoo 08/17/2023 3:09PM I believe that. Same with oil prices and baby formula production! ** -- Seattle .Hoo 08/17/2023 3:37PM Spin the wheel or monkey throws at a dart board? ** -- Zhoo 08/17/2023 3:10PM Gosh Loopy. It’s almost like the Fed has been hiking interest -- SixerHoo 08/17/2023 2:58PM Fed has been doing a very good job of reigning in inflation while not going -- NJHoo 08/17/2023 2:51PM And killing a few banks along the way... ** -- Hoo23 08/17/2023 3:28PM Building Back Better ** -- Los Angeles Hoo 08/17/2023 2:30PM Thanks Joey! ** -- Hoodafan 08/17/2023 2:29PM Joe needs to stop hiking that Fed rate! ** -- SixerHoo 08/17/2023 3:01PM The near zero interest rate environment couldn't (or shouldn't) last -- BocaHoo91 08/17/2023 2:26PM Congraduations on your victory over the rat race ** -- Quaker 08/17/2023 2:55PM Good. -- fphoo 08/17/2023 2:23PM Yet very average over the last 50 ** -- HoodatB 08/17/2023 2:22PM It's not like golf, Loopy, where a lower score is better. ** -- ResistHoo 08/17/2023 2:03PM "More than double what it was 2 years ago." What was going on then? But yes -- Seattle .Hoo 08/17/2023 2:02PM The average rate from 1971 to now is between 7 and 8 -- HokieJamie 08/17/2023 2:01PM Hell, you don't even need to include the 70s and 80s. From -- BocaHoo91 08/17/2023 2:57PM Our new (old) normal. Great! -- Lupos 08/17/2023 2:12PM I’m surprised you could get a manufactured housing loan for that low, even -- WahooRQ 08/17/2023 4:42PM You should be glad. That's a smart thing to do. But -- BocaHoo91 08/17/2023 2:29PM Isnt that on the banks? -- Zhoo 08/17/2023 3:08PM Isn't what on the banks? I'm not following your subject line question. -- BocaHoo91 08/17/2023 3:11PM So the banks get to complain that they will lose -- Zhoo 08/17/2023 3:17PM Right, but the market decides what the prevailing rates are. The banks can -- BocaHoo91 08/17/2023 3:21PM Which is what was recommended. Did you just take a stab ... -- Blah 08/17/2023 2:17PM What do you suggest to a home buyer now? Rent? ** -- Lupos 08/17/2023 2:30PM That's for you to figure out. Allegedly, the housing market is a ... -- Blah 08/17/2023 2:43PM Well, I didn't extrapolate a TDS episode from what I posted, but -- Lupos 08/17/2023 2:57PM Someone mentioned Trump in this thread? -- SixerHoo 08/17/2023 3:12PM It's not a "TDS" episode. Are you not a conservative? Since when ... -- Blah 08/17/2023 3:11PM I am right of center but not a "conservative" in your thinking. I did not -- Lupos 08/17/2023 5:55PM I wouldn't buy right now in most markets. So yes, rent until -- BocaHoo91 08/17/2023 2:37PM The late 70's and early 80's on the graph look like The Matterhorn ** -- Tuckahokie 08/17/2023 2:09PM The graph since 1971 (link) -- Tuckahokie 08/17/2023 2:16PM I guess the last 20 years it was historically low then? I haven't looked. ** -- Seattle .Hoo 08/17/2023 2:03PM Yes ** -- 111Balz 08/17/2023 2:47PM I think Loopy finally figured out there's another market than equities ... -- Blah 08/17/2023 2:10PM Well, that whole $8/gal gas thing didn't work out for him, and then the -- Hoo TV 08/17/2023 3:06PM Certainly since 2008 rates on everything have been ultra low. ** -- 81_Hokie 08/17/2023 2:06PM ^^^^ This explains a lot ^^^^ ** -- ResistHoo 08/17/2023 2:02PM Is this a surprise? ** -- Blah 08/17/2023 1:59PM No ** -- HokieJamie 08/17/2023 2:01PM
