“Mortgage rates may have crested around Labor Day”
Well, they could not have been more wrong if that had tried.
Mortgage rates are up 100 bps since Labor Day. And heading higher.
The Fed raised rates by 75 basis points last week. . Another 75 basis point increase is expected at the Fed’s next meeting in November
This type of false narrative has to stop. Manufactured “happy talk” is deceptive and has long plagued the Forum. Newbies are suckers for this type of propaganda. And then there are notaries who are hoping and praying” for a quick turn around in business. Read my lips. It is never going to happen. I speak the truth
I am not trying to win a popularity contest. Rah, rah, rah. Giive me a N, give an O, give me a T, give me O, give me an R, give me a Y. What does that spell? Hobby.
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