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Forum
-> Household Management
-> Finances
amother
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Yesterday at 11:16 am
They cut 1/2 percentage point, which is considered pretty large.
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amother
Zinnia
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Yesterday at 11:20 am
Big news. Will have an effect on most of us one way or another.
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amother
Blush
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Yesterday at 11:25 am
Are high yield saving account rates going to go down then?
I’m hoping the lower interest rates won’t raise home prices because it’ll be balanced out by more people putting their house on the market.
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amother
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Yesterday at 11:30 am
amother Blush wrote: | Are high yield saving account rates going to go down then?
I’m hoping the lower interest rates won’t raise home prices because it’ll be balanced out by more people putting their house on the market. |
They’ll go down. Mortgages will be cheaper. It’s a case by case basis, depending on supply and demand. They can always raise home prices if there are enough people who want to buy at that price.
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amother
Birch
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Yesterday at 11:48 am
What does this mean
I see online mortgage rates are still in the 6s,?
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Genius
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Yesterday at 12:26 pm
It was 7.7 I think two months ago so 6s is good news.
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