Quote:
Originally Posted by Aces4
Big whip, inflation is alive and well.
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Quote:
Originally Posted by Bill14564
Which is good reason to believe the rate cut prediction is optimistic.
And what good would it do for us anyway? Without a variable-rate mortgage - no impact. Increase economic activity would mean even faster price increases. Lower mortgage rate might lead to an increase in home purchases which would mean more crowding in the pools, squares, and restaurants or possibly more investor purchase which would mean more of the hated rentals.
Would be better to wait until inflation is truly under control (near 2% for multiple consecutive months)
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Optimistic but it happened.
We'll see in a few weeks what, if any, impact that has on inflation.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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