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Home loan Interest rates eppudu thaggochu - home buy eppudu cheyochu


TechSri

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25 minutes ago, TechSri said:

Home loan interest rates US lo eppudu thaggochu

Inko 1 year minimum bro guesstimate back to 3 ,2.75 ante two years or more ayina patochu emo

Ovsdiki telusu

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Not anytime soon. Minimum 5% is new normal. Forget about about 2.75% rates.
 

 That was a rare scenario. pandemic drove interest rates in that direction. Once in a lifetime situation. If may not happen for another couple of decades. 

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Not in the next 2-3 years. On an average, dip in inflation for two successive quarters ki oka 25 bps reduction anukunna, 8-10 quarters esuko...plus GDP growth.

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1 hour ago, veerigadu said:

Not anytime soon. Minimum 5% is new normal. Forget about about 2.75% rates.
 

 That was a rare scenario. pandemic drove interest rates in that direction. Once in a lifetime situation. If may not happen for another couple of decades. 

illu konalante ippudunna interest rates ki eppudu konte best. With this interest rate, i can not pay that much monthly mortgage. Kondaru ippudu theesukoni malli refinance chesuko antunnaru but i can not pay this much monthly mortgage with my salary. 

4% kina next year drop avutaya interest rates. 

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  • TechSri changed the title to Home loan Interest rates eppudu thaggochu - home buy eppudu cheyochu
15 minutes ago, TechSri said:

illu konalante ippudunna interest rates ki eppudu konte best. With this interest rate, i can not pay that much monthly mortgage. Kondaru ippudu theesukoni malli refinance chesuko antunnaru but i can not pay this much monthly mortgage with my salary. 

4% kina next year drop avutaya interest rates. 

Don’t buy now, just rent. Even if you buy home values will fall.

The goal of fed now is to kill demand in housing and other areas and slow down economy, and they are aggressively hiking rates to do it.

After after an year or two rates may come back to 5 only if the economy slowed down more than expected.

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2 hours ago, TechSri said:

Home loan interest rates US lo eppudu thaggochu

Mortgage rates have always been sub 5% except the last 2-3 years . You may never see 2% rates in next 10-15 years..

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