US 30-year fixed-rate mortgage falls to 6.20%

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reuters.com
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Mine wasn't that good, but 70K at 3.1 is much better than things are today.

U.S. housing market is fucked.

It's not really. It went up quickly and stabilized. Rates are still near historic lows. This nobody is going own a home bullshit needs to stop. It's just false.

Yeah, totally reasonable for prices to double, and rates to triple and then housing prices stay at elevated levels and never dip with higher rates. I for one welcome our wall street over landlords with open arms.

Not to mention property taxes have skyrocketed in my area. The rent soar is not yet done soaring. People are just getting hit with these taxes now.

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