Gov’t to target 4.5% for mortgages

[CA renter]

Second that AMEN!!! 🙂

[carlsbadworker]

Amen!

[carlsbadworker]

Amen!

[carlsbadworker]

Amen!

[carlsbadworker]

Amen!

[carlsbadworker]

Amen!

[socrattt]

I am going out on a limb here a bit and saying that if this rate gets down to 4.5% we are going to see a small buying frenzy, which may affect a few small areas where inventory isn’t off the charts.

I think the idea of pushing rates down is ridiculous although I feel it may be my only opportunity to take advantage of all these silly measures our government is making to save the irresponsible. Chances are I am going make a purchase, as I feel that even if the markets retreat another 15-20% we could very well see the prime rate close to where it was in the early 80’s within a few years. If you don’t believe that this fake money the government is creating out of thin air will drive inflation you are sorely mistaken.

I don’t think this lowered interest rate is going to do anything for this market long term, but short term of course there will be a bit more demand. I have spoken with a few friends who might actually take advantage of this drop in mortgage rates, it just seems like a no brainer at 4.5%.

I currently pay $2,500 for a home in Coastal Carlsbad that I may be able to pick up for $550K. If that is the case with a 4.5% loan I could be at $2,900 PITI with 10% down. Does anyone else think this is a bright idea? I would love to hear your thoughts.

[socrattt]

I am going out on a limb here a bit and saying that if this rate gets down to 4.5% we are going to see a small buying frenzy, which may affect a few small areas where inventory isn’t off the charts.

I think the idea of pushing rates down is ridiculous although I feel it may be my only opportunity to take advantage of all these silly measures our government is making to save the irresponsible. Chances are I am going make a purchase, as I feel that even if the markets retreat another 15-20% we could very well see the prime rate close to where it was in the early 80’s within a few years. If you don’t believe that this fake money the government is creating out of thin air will drive inflation you are sorely mistaken.

I don’t think this lowered interest rate is going to do anything for this market long term, but short term of course there will be a bit more demand. I have spoken with a few friends who might actually take advantage of this drop in mortgage rates, it just seems like a no brainer at 4.5%.

I currently pay $2,500 for a home in Coastal Carlsbad that I may be able to pick up for $550K. If that is the case with a 4.5% loan I could be at $2,900 PITI with 10% down. Does anyone else think this is a bright idea? I would love to hear your thoughts.

[socrattt]

I am going out on a limb here a bit and saying that if this rate gets down to 4.5% we are going to see a small buying frenzy, which may affect a few small areas where inventory isn’t off the charts.

I think the idea of pushing rates down is ridiculous although I feel it may be my only opportunity to take advantage of all these silly measures our government is making to save the irresponsible. Chances are I am going make a purchase, as I feel that even if the markets retreat another 15-20% we could very well see the prime rate close to where it was in the early 80’s within a few years. If you don’t believe that this fake money the government is creating out of thin air will drive inflation you are sorely mistaken.

I don’t think this lowered interest rate is going to do anything for this market long term, but short term of course there will be a bit more demand. I have spoken with a few friends who might actually take advantage of this drop in mortgage rates, it just seems like a no brainer at 4.5%.

I currently pay $2,500 for a home in Coastal Carlsbad that I may be able to pick up for $550K. If that is the case with a 4.5% loan I could be at $2,900 PITI with 10% down. Does anyone else think this is a bright idea? I would love to hear your thoughts.

[socrattt]

I am going out on a limb here a bit and saying that if this rate gets down to 4.5% we are going to see a small buying frenzy, which may affect a few small areas where inventory isn’t off the charts.

I think the idea of pushing rates down is ridiculous although I feel it may be my only opportunity to take advantage of all these silly measures our government is making to save the irresponsible. Chances are I am going make a purchase, as I feel that even if the markets retreat another 15-20% we could very well see the prime rate close to where it was in the early 80’s within a few years. If you don’t believe that this fake money the government is creating out of thin air will drive inflation you are sorely mistaken.

I don’t think this lowered interest rate is going to do anything for this market long term, but short term of course there will be a bit more demand. I have spoken with a few friends who might actually take advantage of this drop in mortgage rates, it just seems like a no brainer at 4.5%.

I currently pay $2,500 for a home in Coastal Carlsbad that I may be able to pick up for $550K. If that is the case with a 4.5% loan I could be at $2,900 PITI with 10% down. Does anyone else think this is a bright idea? I would love to hear your thoughts.

[socrattt]

I am going out on a limb here a bit and saying that if this rate gets down to 4.5% we are going to see a small buying frenzy, which may affect a few small areas where inventory isn’t off the charts.

I think the idea of pushing rates down is ridiculous although I feel it may be my only opportunity to take advantage of all these silly measures our government is making to save the irresponsible. Chances are I am going make a purchase, as I feel that even if the markets retreat another 15-20% we could very well see the prime rate close to where it was in the early 80’s within a few years. If you don’t believe that this fake money the government is creating out of thin air will drive inflation you are sorely mistaken.

I don’t think this lowered interest rate is going to do anything for this market long term, but short term of course there will be a bit more demand. I have spoken with a few friends who might actually take advantage of this drop in mortgage rates, it just seems like a no brainer at 4.5%.

I currently pay $2,500 for a home in Coastal Carlsbad that I may be able to pick up for $550K. If that is the case with a 4.5% loan I could be at $2,900 PITI with 10% down. Does anyone else think this is a bright idea? I would love to hear your thoughts.

[MANmom]

…it is “his boy Elroy, Jane his wife, daughter Judy, their dog Astro…

[MANmom]

…it is “his boy Elroy, Jane his wife, daughter Judy, their dog Astro…

[MANmom]

…it is “his boy Elroy, Jane his wife, daughter Judy, their dog Astro…

[MANmom]

…it is “his boy Elroy, Jane his wife, daughter Judy, their dog Astro…

[Author]

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