Article

2022-04-16 Economy

Fannie Mae - Consumer Pessimism Regarding Housing Market Direction & Loan Rates Hits New Survey High

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Posted by NN2N1 2022-04-16 00:00|| || Front Page|| [4 views ] Top

#1 And those who own a buildable lot and have the $ to pay a builder to put up a house, are SOL due to supply chain problems getting building materials.

Posted by Bubba Lover of the Faeries8843 2022-04-16 06:06|| 2022-04-16 06:06|| Front Page Top

#2 ^ #1
Was in Home Depot, Lowe's and 84 Lumber RE-RE-pricing materials for a project I started before the world went crazy.

It seems the items are running anywhere between 14% to 40+% more depending on the item and IF in stock.

eg.
3/4" Plywood (Exterior) being the highest now at $63+ to $68 a sheet depending on which store.

Up from $32 a sheet back in 2019.

Posted by NN2N1 2022-04-16 07:59|| 2022-04-16 07:59|| Front Page Top

#3 Bought my house in '94, the going rate for 30 year fixed as 10% with money down. Back then the banks had to borrow the money from the citizenry via savings at an attractive rate rather than just call up the Feds and get a nearly 0% stack to run things.

Posted by Procopius2k 2022-04-16 08:27|| 2022-04-16 08:27|| Front Page Top

#4 Now if the cold calls and junk mail from realtors would go away!

Posted by magpie 2022-04-16 14:16|| 2022-04-16 14:16|| Front Page Top

#5
#4 Magpie...
We save the Bulk Mail and junk ads for use as fire starting kindling in the winter.

Posted by NN2N1 2022-04-16 19:23|| 2022-04-16 19:23|| Front Page Top

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