Mortgage rates back to 7%

[Remote]

highest rates in 23 years as of today

Mortgage demand shrinks as interest rates hit the highest level in nearly 23 years

Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.

www.cnbc.com

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

 

[jesc07]

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

Idk either. Student loans payments are due next month too so something's gotta give.

My apartment sent out a notice that they aren't increasing the rent.

 

[Dipsey Doo]

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

I bought a house 3 months ago and my job is paying my a good majority of my monthly student loan payment.

If you want something bad enough, you will find a way to attain it

 

[Starman]

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

Cope.

I bought a house 3 months ago and my job is paying my a good majority of my monthly student loan payment.

If you want something bad enough, you will find a way to attain it

Hope!

 

[greenvale]

Just gotta put more down and step up the bag. The US was really an anomaly compared to the rest of the world with such cheap housing

 

[beenz]

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

they are gonna have to find a home with a lower price is what i'm guessing.

 

[Sunalmighty]

highest rates in 23 years as of today

Mortgage demand shrinks as interest rates hit the highest level in nearly 23 years

Applications for a mortgage to purchase a home fell 2% for the week and were 27% lower than the same week one year ago.

www.cnbc.com

year coming to an end. cheers to another crazy ass property tax season

 

[RiffRaff]

Something gotta give

 

[AtomicUse]

Me and my wife both make good money, and we sold our condo in the City to help pay for our current house because we were tired of living in Chicago.

We had so many faceless offers, it was disgusting but we made sure to sell it to a younger couple. Breh and a mexibrehette.

He was an engineer and so was she.

How is anyone buying a house now?

It can’t be real people on the market. All this shyt being bought up by corporations and billionaires

 

[MikelArteta]

its crazy as well in canada now.

 

[Lexington Steele]

Something gotta give

It's been feeling that way for a while now. Like the system is somehow now gamed to just not ever give.

But it felt that way in 2008 too, so...

 

[Schadenfreude]

Just gotta put more down and step up the bag. The US was really an anomaly compared to the rest of the world with such cheap housing

Ah yes put down a larger deposit -- which is completely and totally reasonable in most major cities in the US and Canada because home prices as well as inflation & interest rates haven't gone up or anything right?

If you live in a rural area say that next time.

 

[Windows 91]

I got lucky as hell buying in early 2020 I might not be able to afford my house now

 

[Remote]

its crazy as well in canada now.

Hasn't Canada been fukked for years now?

I remember hearing a long time ago that Vancouver was outrageous. And Toronto got 1 bedroom condos selling for like 900k

 

[greenvale]

Ah yes put down a larger deposit -- which is completely and totally reasonable in most major cities in the US and Canada because home prices as well as inflation & interest rates haven't gone up or anything right?

If you live in a rural area say that next time.

I live in a high demand area of NJ and copped my crib last year during the price peak in summer 2022. I have empathy for those who can’t afford but bytching ain’t gonna bring the prices down