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LaChup

Mortgage Rates Fall To 3-Year Lows

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Liberal logic... Low interest rates only help white people with good credit.  :mad:

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Good news for prospective home buyers.

This is due to a lower reserve rate and stronger than expected bond purchases.

  • Haha 1

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1 hour ago, Ron_Artest said:

What did trump do?

Bought the bonds you were talking about. You didn’t know that? 

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32 minutes ago, Hardcore troubadour said:

Bought the bonds you were talking about. You didn’t know that? 

He did? :lol:

Are you talking about the announcement that he's telling fannie and Freddie to buy them but they didn't actually buy them yet?

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10 minutes ago, Ron_Artest said:

He did? :lol:

Are you talking about the announcement that he's telling fannie and Freddie to buy them but they didn't actually buy them yet?

Yes. It resulted in lower rates. It doesn’t seem you understand this market either, like the oil market that befuddles you. 

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13 minutes ago, Hardcore troubadour said:

Yes. It resulted in lower rates. It doesn’t seem you understand this market either, like the oil market that befuddles you. 

I understand it just fine and happy to explain it to you.

Mortgage rates dropped all year as the fed continued to reduce the reserve rate.

The announced purchase which actually hasn't happened has had none to minimal effect on rates.

Now sit down you uneducated lump of old.

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9 minutes ago, Ron_Artest said:

I understand it just fine and happy to explain it to you.

Mortgage rates dropped all year as the fed continued to reduce the reserve rate.

The announced purchase which actually hasn't happened has had none to minimal effect on rates.

Now sit down you uneducated lump of old.

You might want to try and use that Google thing.  All the kids are doing it. 

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4 minutes ago, Hardcore troubadour said:

You might want to try and use that Google thing.  All the kids are doing it. 

I told you to sit down.

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6 minutes ago, Ron_Artest said:

I told you to sit down.

So we can talk at eye level? 

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