Fiscally conservative True Realist A fresh start is always the best way to begin again Three things are not long hidden; The Sun The Moon The Truth
Ontario Canada (Niagara)
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Dont kill the messenger but your mortgage rates in CC interest rates are NOT coming down anytime in the near or mid term future. In fact they will be going up first quarter of 2027. No way Trump will allow it to happen b4 the midterms, so brace for 50 basis point jump in January.
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Avg 30 yr mtg in USA is 6.97%
More than double from 5 yrs ago.
For a $500K home that would work out to $3300/mth mortgage. Then you would have to add property tax and or HOA fees.
Thats about $40-$50K a year in interest charges
New construction financing is going to be hit hard
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Like I said a few days ago... the Fed would raise interest rates as Japanese and German bond yields were higher than the US. So the world investors were selling off US bonds to grab the higher yield with the other two.
So the US has to raise interest rates, to make bond yields more attractive
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10 Year US bond Yields hits 4.95%
US Diesel at $6.50 a gallon (all time high)
Brent at $110.00 a barrel
"Welcome to the jungle.... we got fun and games..."
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I find people who reply to your reply than instantly block you to be the lowest form of retardation walking this planet. @justjames2112
If you cant conversate then why engage?
Of course only snowflakes need to be reaffirmed that they are always right.
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Elbows UP crowd.... when inflation starts to hit hard again, with both the tariffs and the continued printing of money, you will know why.
Not that you will care, your blind bias for Liberal policies knows no bounds.
Your grandkids are going to hate you one day.
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Hey Elbows Up crowd.
So Carney admits that HIS tariffs on US good WILL hurt the Canadian people, NOT the US people.
Tariffs are paid by the consumer, NOT the shipper.
So Carney just fkd you all and you all take it like a nice fresh fish in prison.
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As yields go down, interest rates go up. Investors are selling UK, US, German bonds for the better deal on the Japanese bonds. So to entice investors, UK, US and Germany will be forced to raise interest rates to attract said investors... This ia going to be a wild ride.
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The genocided becomes the genocider
Israel's national security minister, Ben-Gvir, posted this AI video of Palestinians being sent into a slaughter house on an industrial conveyor belt. It reached 4 million views before he removed it.
edition.cnn.com/2026/08/31/m…
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