For those thinking of buying a house....GET USED TO IT. The current rates are totally normal....for a 30 year mortgage. That range at least over most of my lifetime has been 5-7%. Of course leading up to the REGAN TAX CUTS....we saw rates as high as 12%. When will mortgage rates go down? Insights after 3 weeks of increases. https://finance.yahoo.com/personal-...-of-increases-november-24-2025-190610645.html In my little area of about 4200 homes...the markets are moving some....especially in the high end....over one million. I dont see a lot of price increases or drops. Sellers are holding firm.....but at the same time I dont see prices going up. I IMAGINE there should be lower mortgage rates next year as we see more rate cuts by the FED.
Wow WXYZ! You are really showing your age! As the younger generation calls the olden days, aka the 1900's... By time I went to school they had standard breaks like today, Thursday and Friday off for thanksgiving, a week for christmas into new years and a week for spring break. I will say that we very could have attended the same age grade schools. My elementary school was built in 1921 and had radiant heat and no AC as well as my high school built in 1894 (with a big addition in the 1960's). It was a neat experience to grow up in that the next generation will miss out on. My parents house had central AC but my mom refused to use it, same for the dishwasher. Far to wasteful. I talked about moving some of my retirement into a self directed account last week. In doing so I added AMD and Google to my holdings. Special thanks for WXYZ in which I wanted to diversify a tiny bit so I looked at his stock holdings and did some research to see what best fit my investing degeneracy, I mean style! I moved the Pre taxed account over first and then the tax deferred. Due to the volatility of last week the smaller of the two is still down a touch and the larger is in the green about double what the smaller is in the red. Doesn't really matter but always good to be green even if I have no plans to use either account for decades.
