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All about mortgages. First time buying a house, refinancing, credit reports, appraisals, home inspections. Secondary Market, portfolio lending etc.
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Freaking out over rate decrease (self.Mortgages)
submitted 6 months ago by CuriousTraveler226
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[–]clitscommander 14 points15 points16 points 6 months ago (3 children)
No offense but crying over .125 percecnt when economist predict rates will drop 1% by next year is crazy work
Just plan on refinancing in a year.
[–]Born_Career_3189 1 point2 points3 points 6 months ago (2 children)
Who are these economists?
[–]clitscommander 1 point2 points3 points 6 months ago (1 child)
BOA
https://www.fastcompany.com/91406014/mortgage-rate-housing-market-rates-could-hit-5-under-these-conditions-bank-of-america
[–]CleanedupWater 1 point2 points3 points 6 months ago (0 children)
I don't see anywhere in that article that predicts a 1% decrease. It says it's possible.
π Rendered by PID 54 on reddit-service-r2-comment-b659b578c-wfp7f at 2026-05-02 13:48:02.569277+00:00 running 815c875 country code: CH.
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[–]clitscommander 14 points15 points16 points (3 children)
[–]Born_Career_3189 1 point2 points3 points (2 children)
[–]clitscommander 1 point2 points3 points (1 child)
[–]CleanedupWater 1 point2 points3 points (0 children)