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Liberty News ForumLNF Forums HereEconomics, Financial News › Mortgage rates REAL low. Anybody gonna get some of that?
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Hot Topic (More than 10 Replies) Mortgage rates REAL low. Anybody gonna get some of that? (Read 2,767 times)
TowardLiberty
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #10 - Apr 14th, 2016 at 4:33pm
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Greg55_99 wrote on Apr 14th, 2016 at 2:54pm:
I get that TL.  However, my sainted grandmother, a strong woman that survived the Depression after losing her husband and taking care of 6 sons, told me over her kitchen table back in 1976 "Make hay while de sun shines".  I've always taken that to heart.

Greg

And I would agree with that 100% while also being critical of policies which lead to crisis/ welfare losses, etc.
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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TowardLiberty
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #11 - Apr 14th, 2016 at 4:34pm
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Elmer Fudd wrote on Apr 14th, 2016 at 3:32pm:
Social policy?

What's happening is competition means banks loan as cheaply as possible to their customers, considering the cost of money, the cost of doing business, and the creditworthiness of the customer. 


It's much more about their cost of money, which is the product of a "social" policy or an economic regulation. Choose your verbiage as you wish.

Quote:
You are the last person I would have thought would bring up "social policy."


Odd. I should be near the top.
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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Greg55_99
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #12 - Apr 14th, 2016 at 5:01pm
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TowardLiberty wrote on Apr 14th, 2016 at 4:34pm:
It's much more about their cost of money, which is the product of a "social" policy or an economic regulation. Choose your verbiage as you wish.


Odd. I should be near the top.


So.... TL... have YOU gotten a re-fi since 2009?

Just curious.

Greg
  

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TowardLiberty
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #13 - Apr 14th, 2016 at 5:18pm
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Greg55_99 wrote on Apr 14th, 2016 at 5:01pm:
So.... TL... have YOU gotten a re-fi since 2009?

Just curious.

Greg

Nope but my sitch is unique- I don't have a mortgage.
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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wyattstorch2004
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #14 - Apr 14th, 2016 at 7:20pm
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Greg55_99 wrote on Apr 14th, 2016 at 12:37pm:
https://www.washingtonpost.com/news/where-we-live/wp/2016/04/14/mortgage-rates-h...

Anybody gonna get some of this?  I got mine... get yours...

Greg


I sure hope that is a fixed rate mortgage that you got there.  And, if not, that you won't flake on your obligation should the rate adjust up. Or complain about the consequences should that happen.

Although, perhaps you will be able to beg for further government subsidy and "get yours" again.
  
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Greg55_99
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #15 - Apr 14th, 2016 at 9:46pm
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wyattstorch2004 wrote on Apr 14th, 2016 at 7:20pm:
I sure hope that is a fixed rate mortgage that you got there.  And, if not, that you won't flake on your obligation should the rate adjust up. Or complain about the consequences should that happen.

Although, perhaps you will be able to beg for further government subsidy and "get yours" again.


Oh it's fixed alright.  Wouldn't have it any other way.
 
BTW, did YOU get a re-fi?

Greg
  

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wyattstorch2004
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #16 - Apr 14th, 2016 at 11:45pm
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Greg55_99 wrote on Apr 14th, 2016 at 9:46pm:
Oh it's fixed alright.  Wouldn't have it any other way.
 
BTW, did YOU get a re-fi?

Greg


Nope.  Didn't have any debt to refinance...
  
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #17 - Apr 15th, 2016 at 2:50am
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One factor is that the millennial losers aren't buying homes, because they have too much college debt.  That decreases the demand for loans.
  
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TowardLiberty
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #18 - Apr 17th, 2016 at 2:28pm
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patrick2 wrote on Apr 15th, 2016 at 2:50am:
One factor is that the millennial losers aren't buying homes, because they have too much college debt.  That decreases the demand for loans.

Those are only half the losers- the ones Sanders is speaking to.

Then there are the losers who Trump is speaking to- those who are a little older and displaced by what they believe to be international trade.
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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The Resistance
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Re: Mortgage rates REAL low. Anybody gonna get some of that?
Reply #19 - Apr 17th, 2016 at 4:54pm
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So I guess the Economy isn't as good as the Messiah obama says it is. The Interest rates Only go down when the Economy is about to tank.
  

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