Most people don't sell their house and by one half the size. They get an equivalent house in a new area or they upgrade. Anyone trying to do this in this market is getting screwed right now.
If you're old and ready to downgrade you could sell and pay cash for a much smaller house sure.
6% is high compared to most years this century. The current average rate is 6.78% according to the Fed which is higher than every year other than 2000,2001,2002, and 2023.
My mortgage is 2.25%.
The average in January 2020 was 3.72%.
Real estate is a hedge against inflation. House prices are up because inflation is up.
Low mortgage rates are an indication of a weak economy not a strong one.
Mortgage rates track off bond yields, so mortgage rates typically go up when the economy is good, since investors are putting their money in the stock market. When the economy slows investors move money out of the stock market and into the bond market, which causes bond prices to rise and their yields to decrease.
That is why rates were high past couple years, because the economy was very strong and the stock market was performing well. You will notice that mortgage rates fell this week. That is because of the stock market sell off last week.
That's an absurdly simplistic view.
Stocks and real estate are a hedge against inflation. If inflation is high real estate and stocks will be doing well despite the economy not doing well.
The average mortgage rate topped out at over 18% in 1980 when the country was in a recession. By your logic the economy was doing amazing because mortgage rates were 18% and 10 year treasuries were at 15%.
Again Kid, showing that you don't how understand anything works. If I sell today I can buy one or two with cash. See those "inflated values" are real money to the people that own the property. That's how it works.
By the way that dreaded 6% interest rate is still historically low. If you put 20% down and get 5x leverage and house prices rise by a conservative 2-3% you're still way ahead. If they rise by the more resent 8-10% you're even further ahead.
You'd understand that if you weren't some dumb kid pretending to be an adult.
Your stupid is showing yet again.
Most people don't sell their house and by one half the size. They get an equivalent house in a new area or they upgrade. Anyone trying to do this in this market is getting screwed right now.
If you're old and ready to downgrade you could sell and pay cash for a much smaller house sure.
6% is high compared to most years this century. The current average rate is 6.78% according to the Fed which is higher than every year other than 2000,2001,2002, and 2023.
My mortgage is 2.25%.
The average in January 2020 was 3.72%.
Real estate is a hedge against inflation. House prices are up because inflation is up.
House price appreciation began long before this inflationary cycle. You'd know that if you actually owned a house and weren't a dumb kid pretending to own a house.
Most people don't sell their house and by one half the size. They get an equivalent house in a new area or they upgrade. Anyone trying to do this in this market is getting screwed right now.
If you're old and ready to downgrade you could sell and pay cash for a much smaller house sure.
6% is high compared to most years this century. The current average rate is 6.78% according to the Fed which is higher than every year other than 2000,2001,2002, and 2023.
My mortgage is 2.25%.
The average in January 2020 was 3.72%.
Real estate is a hedge against inflation. House prices are up because inflation is up.
House price appreciation began long before this inflationary cycle. You'd know that if you actually owned a house and weren't a dumb kid pretending to own a house.
Because you're stupid you're entirely unaware that economists keep track of these things.
House prices go up every year on average. That average is normally between 2 and 5 %.
With the democrats' genius idea of giving out loans to people based on feelings rather than credit score houses were going up over 10% per year before the housing market crashed in 2008. It took 5 years for the market to recover and from 2013 to 2020 the market was stable going up 3-6% per year.
In 2021 and 2022 housing prices shot up 20%.
You have absolutely no idea wtf you're talking about boomer.
Again Kid, showing that you don't how understand anything works. If I sell today I can buy one or two with cash. See those "inflated values" are real money to the people that own the property. That's how it works.
By the way that dreaded 6% interest rate is still historically low. If you put 20% down and get 5x leverage and house prices rise by a conservative 2-3% you're still way ahead. If they rise by the more resent 8-10% you're even further ahead.
You'd understand that if you weren't some dumb kid pretending to be an adult.
My mortgage is 2.25%.
Don't change the subject. You posted the following regarding the Trump Hooker Porn trial:
"The jury was incorrectly instructed that Cohen being guilty of a crime meant Trump was guilty of the same crime. This is wrong and the corrupt judge knew it was wrong when he tainted the jury."
That was Post #3835 on page 192 of this thread. It was a falsehood and a lie. You knew it was a lie when you posted it. We've established conclusively that you knowingly lied about Trump's Hooker trial.
What we don't know is why you lied. We've been kicking around the following possible reasons why you lied on this message board:
1. You are so desperate to promote Trump that you'll resort to attempting to spread lies to do so. You believed that some of the more dopey looking MAG@s in this thread would take the lie and spread it.
2. You wanted to look good before your impressionable MAG@ followers here.
3. Some kind of perverse self-gratification in the act of lying.
4. You are being paid or compensated in some manner to lie.
5. People that you trusted misled you and told you things were okay.
6. Other.
It behooves you to come clean with everyone here as to why you lied.
Don't change the subject. You posted the following regarding the Trump Hooker Porn trial:
"The jury was incorrectly instructed that Cohen being guilty of a crime meant Trump was guilty of the same crime. This is wrong and the corrupt judge knew it was wrong when he tainted the jury."
That was Post #3835 on page 192 of this thread. It was a falsehood and a lie. You knew it was a lie when you posted it. We've established conclusively that you knowingly lied about Trump's Hooker trial.
What we don't know is why you lied. We've been kicking around the following possible reasons why you lied on this message board:
1. You are so desperate to promote Trump that you'll resort to attempting to spread lies to do so. You believed that some of the more dopey looking MAG@s in this thread would take the lie and spread it.
2. You wanted to look good before your impressionable MAG@ followers here.
3. Some kind of perverse self-gratification in the act of lying.
4. You are being paid or compensated in some manner to lie.
5. People that you trusted misled you and told you things were okay.
6. Other.
It behooves you to come clean with everyone here as to why you lied.
Did Trump try to grab you by the p*say and discover you're not a real woman?
Why so obsessed?
It will be okay. Your life will not change no matter who wins the presidency.
The judge was corrupt. The judge misled the jury to point then to his desired verdict. Stop being so naive.
I mention your mom because she just left and forgot her panties so she was on my mind.
Kid, my mom is 80. If that's what floats your boat, go for it.
Now go read some more Wikipedia so you can pretend to have a life.
She's like a spirited Trump 80 though not like a Biden lay there like a confused log 80.
My apologies I assumed you were young and stupid living with mom
Clearly you're old and stupid and you're the kinda guy that pees sitting down while the wife pays the bills. You should ask your wife about your property taxes since 2020.
Please spare me, agip. PLENTY of troll feeding from you and others, from time to time. A few have great self-control. Many of us, including you, don't.
I'm not misleading anyone I'm just not regurgitating your cult nonsense back at you so a person like yourself who lives and breathes in confirmation bias is bristling.
The case will be thrown out on appeal because the judge was corrupt and incompetent.
Cope and seethe.
You posted the following regarding the Trump Hooker Porn trial:
"The jury was incorrectly instructed that Cohen being guilty of a crime meant Trump was guilty of the same crime. This is wrong and the corrupt judge knew it was wrong when he tainted the jury."
That was Post #3835 on page 192 of this thread.
It was a falsehood and a lie. You knew it was a lie when you posted it.
But there is something missing in you. You have no native inhibitions that prevent you from lying and making a jackass out of yourself. Normal people have those, but you don't. You just lie even knowing you will be exposed as a liar. It's really fvcking weird. I think like less than 1% of the population has the DSM classified defect that you have.
I think you fail to grasp that burying any chance at "a conversation you might have with your buddies on a long run" in a mountain of crap is the one and only objective of certain posters.
You don't have any buddies and you don't do long runs. Now you're just being ridiculous.
Sorry, it's not like we don't cover the same political stuff in circles....although admittedly, the Harris/Walz thing has freshened things.
....but analyzing adolt's mental failings IS kinda interesting.
Like the one demonstrated above. He'd see it as fearlessness, I guess. Making SURE that EVERYONE hates him. I/we'd see it and it would remind us of, "Hey, THAT table of kids in the cafeteria doesn't yet totally hate me....gotta fix THAT !!! AND I WILL !!!"
You posted the following regarding the Trump Hooker Porn trial:
"The jury was incorrectly instructed that Cohen being guilty of a crime meant Trump was guilty of the same crime. This is wrong and the corrupt judge knew it was wrong when he tainted the jury."
That was Post #3835 on page 192 of this thread.
It was a falsehood and a lie. You knew it was a lie when you posted it.
But there is something missing in you. You have no native inhibitions that prevent you from lying and making a jackass out of yourself. Normal people have those, but you don't. You just lie even knowing you will be exposed as a liar. It's really fvcking weird. I think like less than 1% of the population has the DSM classified defect that you have.
Clearly worthy of a hearty "Correct!"
But hopefully Agip won't scold me......
Oh stop. You have no idea what happened in the trial you're just lashing out because I hurt your feelings by calling out your stolen Valor.
