Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.
I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.
Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.
Ask 9 other people what mortgage rates are and they will be further off than you were.
Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.
I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.
