It is heartening to see that the Tent is calling the Fed’s bluff on rate cuts this year!
Thank you to everyone who has voted so far.
I just wish such a poll would be done among my dear friends in the Silicon Valley, who have not only bought homes at record high prices but also taken out 3/1 ARMs in 2022, at the bottom of the interest rate cycle! They “believed” that lower interest rates for longer was a done deal!
VERY interesting result so far!
It is heartening to see that the Tent is calling the Fed’s bluff on rate cuts this year!
Thank you to everyone who has voted so far.
I just wish such a poll would be done among my dear friends in the Silicon Valley, who have not only bought homes at record high prices but also taken out 3/1 ARMs in 2022, at the bottom of the interest rate cycle! They “believed” that lower interest rates for longer was a done deal!
God help us!
GL