Why are mortgage rates rising even after Feds rate cut?

[Amo Husserl]

They can manipulate digital currency however they want. Running the inflation up actually helps them before they change the system. They already have high debt, but it makes it easier to pay off, because the money printers will be printing the fastest they ever have. Then they can switch to digital and control the masses like they want to.

I think we will see real hyper inflation before they switch the system.

I understand, shyt just sound stupid.
They couldn't avert the housing market crash back in '08.
I don't think they good with money in any medium.

 

[Chrishaune]

You’re giving these idiots too much credit. All we’re seeing is the continuation of the transfer of wealth that started in 2019.

I'm talking about the international bankers that control the system. They are setting themselves up. Individual governments like the U.S. are going to have their power stripped when they change the system. It will be going to regional governments.

 

[Chrishaune]

I understand, shyt just sound stupid.
They couldn't avert the housing market crash back in '08.
I don't think they good with money in any medium.

They knew what they were doing when they created the Federal Reserve to print money for the United States. They knew what would happen. The U.S.was just way too powerful economically for it to happen quickly. They had to create corporations that would buy up everything in the country, then they could do it. That's why you have companies like BlackRock that own the Fortune 500.

 

[Amo Husserl]

They knew what they were doing when they created the Federal Reserve to print money for the United States. They knew what would happen. The U.S.was just way too powerful economically for it to happen quickly.

It's still a stupid idea.



You're not changing my mind.

 

[Harry B]

Banks price mortgages based on a range of different maturities and rates. One of the most common rates is the swap rate, then then 10 year curve, and other rates building up a whole curve of rates known as the yield curve. That yield curve on the longer end if based on economics, supply and demand, and relativity to other currencies etc.

It’s a lot more complex than just fed funds rate.

 

[Chrishaune]

It's still a stupid idea.



You're not changing my mind.

All of the technical talk is just used to get in the way of everyday people understanding what their actual plans are.

 

[Wargames]

I'm talking about the international bankers that control the system. They are setting themselves up. Individual governments like the U.S. are going to have their power stripped when they change the system. It will be going to regional governments.

I mean, maybe but right now everything just looks like a transfer of wealth. They are hiding it by creating controversies with ICE, but if you take a step back it just looks like a transfer of wealth.

Everybody is paying more for less & when the market crashes the wealthy will have the money they need to buy everything for cheap.

Trump and his cronies might actually have believed the racist shyt they said but the big money people you are talking about just need to wait for the “market adjustment” and they will basically buy everything for cheap.

The mortgage rates not going down is just the continuation of everybody paying more for less. We’re being robbed as a country because a bunch of racist idiots re-elected Trump whose only skill is robbing people through his use of bankruptcies.

 

[Amo Husserl]

All of the technical talk is just used to get in the way of everyday people understanding what their actual plans are.

I still think it's stupid.

 

[Chrishaune]

I mean, maybe but right now everything just looks like a transfer of wealth. They are hiding it by creating controversies with ICE, but if you take a step back it just looks like a transfer of wealth.

Everybody is paying more for less & when the market crashes the wealthy will have the money they need to buy everything for cheap.

Trump and his cronies might actually have believed the racist shyt they said but the big money people you are talking about just need to wait for the “market adjustment” and they will basically buy everything for cheap.

You still are thinking it's based solely in the United States. That's not the case. It's a combination of Europe, the United Kingdom, the United States, Australia, etc....the West. Trump is not in control of this, he is just playing his part. The tech CEOs have more power than Trump. They get everything they want from every country.

 

[Heretic]

Rates for the consumer won't go down until they're forced to, i.e. a crash in the market or an oversaturation of homes not being sold. Right now, there's no incentive to cut rates because homes are still being bought, maybe not by the general public but investment companies are definitely buying up everything. The banks have no incentive to do anything but collect.

 

[Chrishaune]

Rates for the consumer won't go down until they're forced to, i.e. a crash in the market or an oversaturation of homes not being sold. Right now, there's no incentive to cut rates because homes are still being bought, maybe not by the general public but investment companies are definitely buying up everything. The banks have no incentive to do anything but collect.

That's even more incentive for them not to yet, until they can buy up everything. Just let it take from the general population and let them beg for relief. Companies and the government will eventually own everything.

 

[Sir Richard Spirit]

@Sir Richard Spirit as I explained to you numerous times a Federal Reserve rate cut will not equal a mortgage rate cut, because mortgages are tied to the interst rate that the USA has to pay Investors on the 10 year treasury note. Whereas an interest rate cut is what the Feds charge banks to borrow money. The two things are not the same. I am sorry that your daughter can't get that car.

My daughter is driving my son home from basketball practice right now. Hopefully the new car smell lasts for a while. Her and her friends been driving everywhere..

I’m trying to get me a new car now and give my son my car. Maybe we’ll both end up with cars after this next cut?


We’re going to continue to get rate cuts. The articles you’ve been reading surely point to how the rats dropped in anticipation of a cut, but because the cut was so small, it’s business as usual.



M O R E C U T S!

 

[The Phoenix]

Looks at my 2.2% mortgage rate. Hears about brehs paying 6-8%

 

[Tres Leches]

cause they dont control the long end of the yield curve



the only way to get rates down will be for asset prices to come down but that would mean a large stock market correction and theyre not ready for that yet but next year they might not have a choice

 

[Wargames]

You still are thinking it's based solely in the United States. That's not the case. It's a combination of Europe, the United Kingdom, the United States, Australia, etc....the West. Trump is not in control of this, he is just playing his part. The tech CEOs have more power than Trump. They get everything they want from every country.

They are getting a lot of money, but they don’t control him. He just wants to make money with them. There is a very good argument tech is in need of reigning in because they have become gilded era wealthy but no, he’s done things to hurt their interest. There are definitely international interest in this, but honestly when you reach a certain limit of wealth you aren’t bound to a country like normal people. An American billionaire has the same sway as a European or Chinese one.

Rates for the consumer won't go down until they're forced to, i.e. a crash in the market or an oversaturation of homes not being sold. Right now, there's no incentive to cut rates because homes are still being bought, maybe not by the general public but investment companies are definitely buying up everything. The banks have no incentive to do anything but collect.

Banks are buying them too cause they know they can make the renter pay three times the amount eventually. It’s also why this might be the worst time in US history for the home building that keeps getting pushed in the “abundance” philosophy cause those investment companies are like sharks in a feeding frenzy when it comes to buying homes.