• sugar_in_your_teaM
      link
      fedilink
      arrow-up
      3
      ·
      2 months ago

      Well, if you didn’t get the news, they dropped by 0.5%. However, mortgage rates aren’t directly impacted by fed funds rates, so it’ll probably take some time for rates to come down.

      I hope we get there though. If we get <5%, I’ll probably consider moving and/or cash-out refi, but we’re still a ways from that.