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re: NY FED survey: Americans expect mortgage rates to rise to nearly 10% in the next three yrs
Posted on 5/16/24 at 9:21 am to mule74
Posted on 5/16/24 at 9:21 am to mule74
quote:
I think the traditional model is broken. I believe that when interest rates go down, we will see a lowering of prices.
False, there will be a reverse mortgage crisis and home prices will go up.
The only solution is to either build a shite ton more homes or suppress the market by making rates extremely high.
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