Submitted by [deleted] t3_126u3ql in personalfinance
Jmb3930 t1_jeaw3qk wrote
Why do you think mortgage interest rate will be lower next year?
PlaneBlueberry2034 t1_jeb0rzp wrote
read different articles saying expect rates to increase until end of 2023, and then they will begin to drop in 2024.
weiner_forest t1_jeb2hej wrote
Wishful thinking by a bunch of people who already said J.Powell would pause interest rate hikes 100bps ago. If regional bank failures isn't enough to stop hikes, I think you can take him at his word that he's not going to lower rates again for at least a few years.
Buckle up, this ride isn't going to end any time soon.
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