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Allegedly rates are set to go back down later this year and people with shit rates should be able to refinance. Prices are absolutely sickening all around whether you rent or are paying off a mortgage.
really? I read somewhere that the Fed has no plans to change rates.
Rate cuts are alleged by people addicted to cheap debt, wanting to pump up asset prices. They alleged that there would be six rate cuts and have since revised that to three, but seem like they're going to revise that down to one. Eventually they'll understand that there will likely be zero rate cuts this year since the federal reserve that actually sets the rate hasn't indicated that they will cut rates because inflation hasn't settled down yet (and would likely shoot back up the second rates are cut).