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Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
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2022 marketing wrapped

Hi guys Does BofA provide education leave?
NOK to the moon baby 🚀
Any IPS Advisory folks here ?
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5.5% is really good right now (assuming that’s fixed and not paying for points to lower it to that amount). Average rates in my state are around 7.2-7.3 (with EXCELLENT credit). 5.5 is where my state was two months ago.
There is no way to predict future rates, but you can always refinance if they go lower. Keep in mind that the crazy low rates of 2020/2021 were an extreme and not the norm, though.
YES! Go for it, enjoy it and celebrate! 🏡
Interest rates (for a mortgage) we’re near 10% (late 80s) when i bought my first home, refinanced when interest rates went down.
We’re in our 4th house now. Interest rates have been much higher in past years. You can always refinance when rates drop.
We refinanced at 3%, that’s the exception not the rule. It took a global pandemic to get that low. We will not be seeing those rates again anytime soon, imo
Look at interest rates by history, it just might help.
https://www.freddiemac.com/pmms/pmms30
You’re welcome!
Yeah I mean all things considered if you found a dream house I’d say go for it and just refinance later
Very very exciting! Wishing you the best of luck!
My oldest son just bought a house in July. He’s so happy he did it, but he was pretty stressed about it until closing was over and keys in hand.
5.5 is very good for a 30 yr fixed!
If you can wait 1 year I think that would be ideal. The inflation rate is comparing prices to 1 year ago. You really need a full year to pass before we’ll start seeing a real decline in inflation, so monetary policy will still be tight. 1 year from now we’ll be in a recession, there will be more foreclosures, and the fed will loosen monetary policy lowering interest rates.
Thanks for your reply. Though I am not sure if anyone can time recession. Having said that info out there does suggest rates may come down late next year or early 2024.
I think the best bet is to bide your time until the end of 2023. Like KPMG said it looks like rates will be lower then. However, it does also look like we'll be deep in a recession.
Am getting 5.2 for a 7 year ARM, fixed is higher
Arms are fine too but typically have points / buy down on them. Make sure to ask about points associated with the rate
Just bought mine for 5.6 (7yr ARM) - 1st home. I live in VHCOL area. I had to pay about 1500 for upfront points. The way I looked at it is - the door opened and yes, the interest rate is far from ideal but I could finally get a home in this market. If you can ride out with this interest rate then go for it. If and when the rates drop - refinance the loan.