Starsky wrote:
I think we're about due for sidefi to refi again.
I think we're about due for sidefi to refi again.
The Home Improvement Thread
I think we're about due for sidefi to refi again.
Yada wrote:doubt it unless rates get close to 2.75 again
I think we're about due for sidefi to refi again.
so is the point of this post that it's odd that Africa Bambatta is posting about interest rates on his Instagram?
No
That’s weird…swear to me I just lifted it off internet
That’s weird…swear to me I just lifted it off internet
Congratulations to those who refinanced
https://www.msn.com/en-us/money/realestate/mortgage-rates-top-5-25-e2-80-94-and-loan-applications-are-taking-a-hit/ar-AAVWuEF?ocid=uxbndlbing
https://www.msn.com/en-us/money/realestate/mortgage-rates-top-5-25-e2-80-94-and-loan-applications-are-taking-a-hit/ar-AAVWuEF?ocid=uxbndlbing
Oh I meant to post here
Replaced my garbage disposal and even had to do the electric hook up
that's enough for 2022
Replaced my garbage disposal and even had to do the electric hook up
that's enough for 2022
I hired a lot of contractors due to a water leak
They all sucked
They all sucked
I have three interior doors in my house I'm going to hire someone to do. Anger management classes probably would have been cheaper.
Also had our outdoor ground level AC unit inspected, ahd the guy found attic insulation inside the AC unit. His guess was that mice were bringing insulation from the attic to the AC unit. Indeed, it looked like the bird wire had come loose and birds were building a nest, and it seems possible that mice could have been coming in and out. I climbed up into the attic and reaffixed the bird wire with staples.
THe bad news is we either have to repair the AC for 1K or get it replace for about 7K. Since it's only eight years old, going to try the former.
Also had our outdoor ground level AC unit inspected, ahd the guy found attic insulation inside the AC unit. His guess was that mice were bringing insulation from the attic to the AC unit. Indeed, it looked like the bird wire had come loose and birds were building a nest, and it seems possible that mice could have been coming in and out. I climbed up into the attic and reaffixed the bird wire with staples.
THe bad news is we either have to repair the AC for 1K or get it replace for about 7K. Since it's only eight years old, going to try the former.
Rates for home loans are just about to go over 6%
Sucks if you are in the market now and if you missed the boat and didn't refi in 2021 (were at 2.5)
I can not imagine what it was like to buy a home in the mid 80s
https://fred.stlouisfed.org/series/MORTGAGE30US
my father in law still regals about those Halcyon days he got all these 18% CDs in that era
Sucks if you are in the market now and if you missed the boat and didn't refi in 2021 (were at 2.5)
I can not imagine what it was like to buy a home in the mid 80s
https://fred.stlouisfed.org/series/MORTGAGE30US
my father in law still regals about those Halcyon days he got all these 18% CDs in that era
true rates are up but demand for homes is down. I see residential listing prices being reduced and houses selling under list price. Whereas when rates were in 2 and 3's, owners could list house at whatever they wanted and there would still be bidding wars. So it really does even out in the end.
useless wrote:
Rates for home loans are just about to go over 6%
Sucks if you are in the market now and if you missed the boat and didn't refi in 2021 (were at 2.5)
I can not imagine what it was like to buy a home in the mid 80s
https://fred.stlouisfed.org/series/MORTGAGE30US
my father in law still regals about those Halcyon days he got all these 18% CDs in that era
demand is low for housing? where are you seeing that?
It is true this will finally start to bring the housing prices down (in some markets)….but they are up 3421% since 2000, so be nice to buy that 900 sq ft 2 bedroom 1bath for only $921K vs $975K
It is true this will finally start to bring the housing prices down (in some markets)….but they are up 3421% since 2000, so be nice to buy that 900 sq ft 2 bedroom 1bath for only $921K vs $975K
Scaggsville at least. Houses are sitting on the market for longer than a weekend, listing prices are being reduced. And Scaggsville fucking rocks!
useless wrote:
demand is low for housing? where are you seeing that?
It is true this will finally start to bring the housing prices down (in some markets)….but they are up 3421% since 2000, so be nice to buy that 900 sq ft 2 bedroom 1bath for only $921K vs $975K
Cock wrote:
Scaggsville at least. Houses are sitting on the market for longer than a weekend, listing prices are being reduced. And Scaggsville fucking rocks!
well there are two reasons for that
1. they were overpricing them to begin with
2. Scaggsville
There is give and go but you still have to come up with much more in mortgage payment a month so prices would have to dramatically drop to increase affordability with these new rates.
I guess the hope in terms of affordability is rates go up, prices drop and in a year prices stay down but rates drop?
I am not convinced the current scenario and moving forward is going to better in terms of affordability for home buyers in much of our area.
Where is Scaggsville?
I guess the hope in terms of affordability is rates go up, prices drop and in a year prices stay down but rates drop?
I am not convinced the current scenario and moving forward is going to better in terms of affordability for home buyers in much of our area.
Where is Scaggsville?
Starsky wrote:between Savage and Spencerville, duh
Where is Scaggsville?
Just not familiar with those either…is this in Howard County?
Starsky wrote:that was the joke, don't you access to the internets?
Just not familiar with those either…is this in Howard County?
it is in Moco between laurel and olney…no mans land IMO
So by FedEx Field?
That whole area is a mystery to me…
That whole area is a mystery to me…
Starsky wrote:
So by FedEx Field?
That whole area is a mystery to me…
Come on man. I don't even watch football but I know FedEx Field is in PG County.
Also, Scaggsville is in Howard County, not Montgomery.
Starsky wrote:
So by FedEx Field?
That whole area is a mystery to me…
You're thinking of Landover, which is right in the middle of Prince George's County. Laurel is in the northernmost part of Prince George's with some parts straddling Anne Arundel, Howard, and Montgomery counties.
Funnily enough, FedEx Field was almost built at Laurel Park horse racing track.
knowledge of MD geography ….pretty low on this board
and I think that's a good thing :)
and I think that's a good thing :)