relaxitsjustme:Yield on the 10 year been creeping up bro.
They have to start moving some rates. I just refinanced my house like 6 or 7 months ago, am sub 3 on a 30, and the math has still made me question doing it again a few times.
That is pumping property values and we have had a bubble there we have been ignoring a long time. We need to pull that shiat in so it isn't a shiatshow when it lets go.
They have a target for inflation. Inflation is rising but still nowhere near that target. Therefore, they're not going to change anything until that target is hit. That's a sensible strategy.
Scythed:They have a target for inflation. Inflation is rising but still nowhere near that target. Therefore, they're not going to change anything until that target is hit. That's a sensible strategy.
The problem is that it's not so easy to dial it in once it starts running hot. That's why you had Yellen on TV talking about a 50 year bond recently. They're freaking out about having to control inflation without dicking with interest rates too much (or doing curve control like my boy Kuroda... if we see that stock up on BTC and gold, kids).
Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
relaxitsjustme:OptionC: relaxitsjustme: Yield on the 10 year been creeping up bro.
1.36% on the 10 year Treasury
How shall we ever survive with rates such as these?
Alexis, show me someone who doesn't understand the 10 year yield and what direction it's trending means.
Alexa, show me someone who who screws up their own dig by calling you the wrong name.
When yields start to approach 0 because of a worldwide pandemic or global recession common sense would suggest that some day yields might go back up again.
Red Shirt Blues:Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
tarheel07:Red Shirt Blues: Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
The weird thing here is even with low inventory building permits have fallen off a cliff. Which is not going to help anything. Although the eviction moratorium ends in July. Maybe they figure will be swimming in foreclosures and empty rentals.
Red Shirt Blues:tarheel07: Red Shirt Blues: Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
The weird thing here is even with low inventory building permits have fallen off a cliff. Which is not going to help anything. Although the eviction moratorium ends in July. Maybe they figure will be swimming in foreclosures and empty rentals.
I think that's exactly what the expect. Already units are sitting empty in our neighborhood as landlords either get picky on credit (which is funny because that's their goto answer to all this. That there are just unlimited great credit renters) or they decide to cash out.
close
Performance anxiety can affect even big, strong economies
close
close
close
Intrepid00: Everything is cool. Stop looking.
One commodity = overall inflation
Study it out
close
relaxitsjustme: Yield on the 10 year been creeping up bro.
They have to start moving some rates. I just refinanced my house like 6 or 7 months ago, am sub 3 on a 30, and the math has still made me question doing it again a few times.
That is pumping property values and we have had a bubble there we have been ignoring a long time. We need to pull that shiat in so it isn't a shiatshow when it lets go.
close
TDWCom29: Intrepid00: Everything is cool. Stop looking.
One commodity = overall inflation
Study it out
Yep, just an oddity. Stop looking.
Stop looking
Stop
close
relaxitsjustme: Yield on the 10 year been creeping up bro.
1.36% on the 10 year Treasury
How shall we ever survive with rates such as these?
close
Intrepid00: TDWCom29: Intrepid00: Everything is cool. Stop looking.
One commodity = overall inflation
Study it out
Yep, just an oddity. Stop looking.
Stop looking
Stop
Cool story bro. When do the prices of consumer products go up?
close
close
OptionC: Intrepid00: TDWCom29: Intrepid00: Everything is cool. Stop looking.
One commodity = overall inflation
Study it out
Yep, just an oddity. Stop looking.
Stop looking
Stop
Cool story bro. When do the prices of consumer products go up?
Now or very shortly in the future depending when these futures are contracted for. I mean futures is right in the name.
close
I knew he'd say something I didn't like but "tHeReS nO inFlAtioN" was not what I expected.
close
close
Likwit: Bruh.
I knew he'd say something I didn't like but "tHeReS nO inFlAtioN" was not what I expected.
We're just gonna lie to ourselves until like SPY 425.01 and then they'll crash the whole thing on top of our heads.
close
close
OptionC: relaxitsjustme: Yield on the 10 year been creeping up bro.
1.36% on the 10 year Treasury
How shall we ever survive with rates such as these?
Alexis, show me someone who doesn't understand the 10 year yield and what direction it's trending means.
close
Scythed: They have a target for inflation. Inflation is rising but still nowhere near that target. Therefore, they're not going to change anything until that target is hit. That's a sensible strategy.
The problem is that it's not so easy to dial it in once it starts running hot. That's why you had Yellen on TV talking about a 50 year bond recently. They're freaking out about having to control inflation without dicking with interest rates too much (or doing curve control like my boy Kuroda... if we see that stock up on BTC and gold, kids).
close
close
relaxitsjustme: OptionC: relaxitsjustme: Yield on the 10 year been creeping up bro.
1.36% on the 10 year Treasury
How shall we ever survive with rates such as these?
Alexis, show me someone who doesn't understand the 10 year yield and what direction it's trending means.
Alexa, show me someone who who screws up their own dig by calling you the wrong name.
When yields start to approach 0 because of a worldwide pandemic or global recession common sense would suggest that some day yields might go back up again.
close
Red Shirt Blues: Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
close
tarheel07: Red Shirt Blues: Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
The weird thing here is even with low inventory building permits have fallen off a cliff. Which is not going to help anything. Although the eviction moratorium ends in July. Maybe they figure will be swimming in foreclosures and empty rentals.
close
Likwit: Bruh.
I knew he'd say something I didn't like but "tHeReS nO inFlAtioN" was not what I expected.
Expect nothing from Central Banks. Then youre never disappointed.
tapshead.gif
close
close
Red Shirt Blues: tarheel07: Red Shirt Blues: Housing is nuts all over. In Portland there is an inventory shortage. But with the radical zoning laws enacted who knows what's going to happen. Lumber is sky high. Anyone who had had renovations done or has been working on projects knows this. Price of good power tools has gone up. Yes even in Harbor Freight. And that is a sign of insanity.
Same goes for the Charlotte Metro area. Buyers are offering $40,000 over asking, with $25,000 in due diligence and STILL losing. Houses are going under contract, sight unseen, often within hours of going on the market (or before they are even officially listed). New construction is just now coming back after the initial COVID delays.
The weird thing here is even with low inventory building permits have fallen off a cliff. Which is not going to help anything. Although the eviction moratorium ends in July. Maybe they figure will be swimming in foreclosures and empty rentals.
I think that's exactly what the expect. Already units are sitting empty in our neighborhood as landlords either get picky on credit (which is funny because that's their goto answer to all this. That there are just unlimited great credit renters) or they decide to cash out.
close
close