Why Fed Rate Cuts Aren’t Making Mortgages Cheaper
- Thread starter FakeNews
- Start date
I don't see prices going down anytime soon. There isn't enough supply and wages haven't kept pace with prices.
You either reduce the population or drastically increase the supply. Neither of which is gonna happen.
Also material and labor cost impact prices as well.
Only gonna go up with the potential tariffs and immigration issues if they go through with their plan
Labor cost for home builders haven't risen in years. They're using illegal laborers for the most part.
And as far as materials homes being built now are downright shoddy compared to decades ago.
Chrishaune
Veteran
people are slaves and don't even realize it, because of the fake freedom and liberty they told them they have.
I don't know why people say this. Prices are going down. I was looking at a used truck, prices in my search results have floored from about $32K to $27K
The prices for houses in my searches have also dropped
Ol’Otis
The Picasso of the Ghetto
I still want a house in south central 
Those housing prices are only dropping in certain areas not nationwide. Way more apartments are being built than single family homes. You still have Corporations buying up single family homes for rent.
Car prices are dropping because of oversupply. And nobody wants to pay 60K for a freaking Truck or SUV. Because auto manufacturers refuse to build anything else.
dj-method-x
Superstar
Mortgage rates aren't coming down because they know that trumps economic policies, tax cuts and tarrifs, will be inflationary. Have to keep the rates higher for longer to counteract that to keep inflation under control.
This normally would result in housing prices coming down, but this housing market is not normal. Inventory is still low since people who are locked into 2-4% interest rates would be stupid to sell. So the market is at a stall mate keeping prices AND mortgage rates high...for now.
This normally would result in housing prices coming down, but this housing market is not normal. Inventory is still low since people who are locked into 2-4% interest rates would be stupid to sell. So the market is at a stall mate keeping prices AND mortgage rates high...for now.
