AMERICA IS COLLAPSING! 30-year fixed mortgage rate above 8%!
AMERICA IS COLLAPSING! 30-year fixed mortgage rate above 8%!
seething eurocuck hours. those tariffs aren't going away.
END OF THE MONTH IS HOW MANY WEEKS
I don't get it. China is dumping US bonds so the market is buying them at a discount forcing the treasury to issue bonds with a higher interest rate to compete? Is that what's going on? All this finance shit hurts my head.
Will house prices finally fall?
Obviously not retard.
3 more weeks
:O
literally 2 more weeks
Lmao
I do not own a house, never have, and may never own one in the future. Your anxiety is falling on deaf ears.
Once the rest of the country has, probably. We'll see.
no one will be able to afford a mortgage
Gonna default on the national debt too
they default, murka will pray for death
Based.
I placed an order on Aliexpress just the other night in hopes of getting in before the de minimis exemption ban goes into effect like May 2nd or whenever.
They have not yet acknowledge it.
Notice me Senpai!
interest rates are typically calculated on the risk of the underlying asset.
if you're taking a mortgage the interest (what you pay back to the bank on top of the sum of money you took) is the "cost" of renting that money from the bank, and the cost factors in the risk that the bank percieves of you not being able to pay the mortgage back.
so if the interest goes up it means the bank thinks there's higher risk involved.
the image in OP however is showing a graph on 10-year bonds, bonds are similar to mortgages in a way, any state/country can offer these bonds that can be bought by anyone and act like mortgages, you "lend" your money to the state and in exchange the state promises to give you a certain amount of extra money after a certain amount of time.
if the yield goes up it means that the market percieves there's an increased risk in the state being unable to return the money once the bonds expire.
basically "if you want me to buy your bonds you have to offer me a bigger interest rate because i think you're not a very good client and im not so sure you'll be able to return my money now"
you voted for it. It's time to pay
Oh no the greatest producer of wealth inequality is snapping
The horror.
in just not gonna sign it (the mortgage)
just squat in a corporate-purchased house with a starlink router
fuck blackrock gonn do? sell it to noguns chang or singh?
just having unemployed white americans with AR15s squat in corporate-owned houses will destroy the housing market because everyone on the block will see all the home start to be occupied
boomers aren't going to defend their homes, they are literally entering hospice
police don't have the manpower or the willpower, feds are busy chasing the cartels
you will own nothing and be extremely happy
If voting had any real effect, we wouldn't be allowed to do it.
News flash for the self-proclaimed economic and financial experts in here - if you run your nation like a fucking banana republic where everything goes, the risk of lending you money goes up massively, and that will impact the interest rate.
I don't even disagree with tariffs in general, the US had to do something to protect itself from China. But you implemented them in just about the worst way you could have done.
And now Trump is even publicly mocking those who are willing to come to the negotiation table and talking about how they are crawling up his ass, basically making it impossible for any of them to actually give him what he wants.
I want to personally string all of you fuckers up by your own entrails. Some of us worked for a living to buy property, and managed to do it despite the disadvantage of just entering the jobs market in the late 2010s.
Trump wants the Fed to turn on the switch and print more money for him. Treaties with other countries is good, but there will be no treaties until the Fed gives up. Until they turn the switch on, he will continue to push, markets will continue to fall, and goods in the US will continue to get more expensive.
If they stop it, if the Fed doesn't cut rates and print money, the US will default in the summer, they won't be able to service the national debt.
America is trapped and will have to gnaw off a paw to get out.
Either print money, causing inflation and shifting the responsibility to the next presidents, or forcing the holders of treasuries to refuse to receive payment of interest on the debt, at least for now.
Well if you are going to be rude to me, I have no obligation to be cordial with you. You are probably some boomer that is about to lose your ill gotten wealth. Fucking parasite, your generation ruined the planet.
Based trumpoid committing economic suicide
Are they killing de minimis again?
Literally as prophetised.
OH FUGG THE
(((memeflag)))
IS WORRIED ABOUT RICH KIKE LOSING BILLIONS ON THEIR WALL STREET INVESTMENTS
OH SHIT
OH, OH DANG
is this why
jews invented the ghetto
????
oh dang!
(((1PBTID)))
made a big narrative about black monday
didn't happen
now here's a new narrative
Both China and Japan are selling off their bonds to inject liquidity into their markets.
I'm not 30 yet you dumb shit
lol.
It's the exact opposite.
"high bond yield" is just another way to say that the price of treasuries is low.
It's low because nobody wants to buy them.
Migatards will cheer on as the yield goes higher.
The US/dollar is about to collapse entirely because of the administration and the blowback will reach the far corners of the earth and we're cheering it on.
inb4 "this is what I voted for"
no one is going to be able the ones they already have. doesn't matter that they snagged a 3% interest rate, they bought a house that sold for $225k in 2018 at $680k in 2022. you can't refinance that shit. uninspected, bare minimum "upgrades," or a garbage cardboard new build at the same high price. the only people that won't get foreclosed on, underwater, or fucked up is the boomers, of course.
total destruction of the global economic system of slavery
yes
but- but people will suffer and starve
yes
I'm sitting here fine faggo
My cousin got 2.5% before the home prices climbed really quickly. Lucky bastard. His home value doubled
If you think wage labor or global finance are going away then you are mistaken
Congratulations! Enjoy your Orange Super High Interest Rates!
Most homebuyers lock in their low interest loans when the rates are lowest before a catastrophe like trade war sanctions (with little to no warning) happen, instead of having a volatile adjustable rate.
WAAAAAAAAAAAAAAAAAAHHHH!!!!
I literally do not care if everything collapses. Americans aren't armchair whining pussies like you fags overseas hashtagging resistance by lying down.
We voted in our own destruction, and through us, you will fall.
How many NEETs with no prospects are on this board?
You people talk about the economy like Anon Babble talks about women.
You must be NEET Incel because you want a properly functioning economy that isn't based on delusional dreams
Where the fuck do you retards come from? What E-Tourism agency is bringing you retarded fucks here?
So basically nothing changes
those tariffs aren't going away.
lmao, this is the new "you are brown" that immediately shuts someone down
8%
oh you mean like bidens 14% just last year?
fuck off newfag.
house flippers deserve to burn at the stake, you kike pawns are the reason for home prices skyrocketing
All I’m hearing is vague descriptions and a desire for destruction more than any specific plan.
Every single one of your posts reads like something a Predditor would post.
Yea, I don't believe you.
Give me a step by step plan so I can further use obfuscation to nitpick, subvert, and attempt to dismantle what your guy is doing. As I am too emotionally unstable to simply read his plan.
Not spoonfeeding retard. It's all public access, go watch his speeches.
Celebrating the collapse of the economy that you live in out of resentment because you're a worthless bum who couldn't focus in school or work as an adult
Talk about cutting your nose to spite your face
When o bought my first house interest rates were 14%
You stupid nigger Jew faggot shill
Good.
it'll take investors getting off of hopium and dropping the bags they're holding
they're a tough crowd
Okay. You can do the math yourself, "entering the job market in the late 2010s" gives you a good idea of when I graduated from school, and therefore when I was born, and therefore my current age.
Buying a house to live in it
"Flipping"
Go back to school
No he’s making the Jew bankers commit suicide
tfw all the mutts on Anon Babble calling us europoors actually own no stock, no house and probably live off the dole
at last, I truly see
Yeah except America and its economy IS those Jew bankers. Punishing Jew bankers means destroying America. Which I support, but you're probably stupid and do not support. Either way, enjoy the ride! LOL!
once blackrock buys off every npc who took out a variable mortgate rate and almost has a monopoly on housing?
No.
he’s making the Jew bankers commit suicide
Yeah except America and its economy IS those Jew bankers.
not for long lol
People lie about anything on here. For all I know you are not even in any trouble and just trying to either garner sympathy or push a narrative.
Implying the rest of the planet will get off scot free.
Euros will join us.
Well yeah, when we're third world status and have lost all of our diplomatic and financial credibility, there won't really be a US economy. So you're right. But we're not going to see a rebirth of 1950s style American manufacturing lmao
There's a lot of White trash on this site. Low tier Whites descended from Irish hill-people.
It is not the "exact opposite" according to GPT4. I've ran that copypasta through it several times and it always confirms that it checks out. Try it yourself. I trust GPT more than you, a rando who clearly doesn't know what he is talking about.
you don't own your house
when jews are expelled
bad things happen
for who?
LOL
How long does this take to affect the ARM people?
Yes I do.
Muh debt! Muh mortgage! The bank actually owns it!
No, I do, the bank owns the loan I took out to buy the house, which it happily gave to me because I'm perfectly capable of repaying it, my credit score at the time exceeded 750 and is even higher now. Some of us aren't useless neets and are actually productive members of society. You, however, are going to the gas chambers.
the most zionist president in recent memory
expelling the jews
You're living in fantasy land. This is why double digit IQ people shouldn't be allowed to vote or participate in political discussion.
I was stupid enough to buy drastically over-valued assets
The MIGAtards are annoying and stupid but so are you, anon.
yes
And then they will introduce the new digital central bank currency. Trump is just globohomo but with a different Fortnite skin
i didn't say it would happen
you said
America and its economy IS those Jew bankers. Punishing Jew bankers means destroying America.
when we're third world status and have lost all of our diplomatic and financial credibility
so i sez
when jews are expelled
bad things happen
then, on cue like a canaanite nitwit
ew goy
the most zionist president in recent memory
expelling the jews
hey, HEY CHAIMY
stay on task
yes please xD
Yeah this debacle has been eye opening re the average /buz/ demographic. Literal ultra poor whistle trash hicks, complete with an IQ below 90, most likely, who act more like crabs in a bucket than your average brown.
If only Trump was more Zionist...
Ship the niggers to Africa and the kikes to Israel.
how do you tell them apart tho
trump just managed to make US become Argentina
its so fucking over for you guys
IT’S OVER!
jews are thrown out and things get better immediately
its possible that thats happening, but that also hurts their bond holdings and costs them money. the other possible reasons rates have risen oven the past few days is people are thinking the US economy will be better than expected (no recession), or that inflation will be more persistent than expected. or its simply people selling bonds to buy the dip in stocks. also it could be some Fed member indicating theyre less likely to cut rates at the upcoming meeting in May (because theyre more worried about inflation or they think the economy is fine and they dont need to cut). i haven't checked any news since Monday.
.179
collapsing
Lmao
Fell asleep watching WW2 in colour specifically thr one about Japan fighting until they got nuked and just had the wildest dreams.
twitter screenshot
Why is Canada collapsing? Libtards don’t know how to manage the economy?
Well it's Blackstone and not blackrock, so.
because economies are connected dipshit
MIGAtards dont understand that "flight to treasuries" doesn't work if your bonds are now considered trash tier because you just showed the whole world you will rugpull them for no reason. The value of treasury bonds comes from perceived stability, which they just destroyed
You’re thinking too short term
yes, trump is very stupid. every nonretard knows this. at least we can tell the truth about the "holocaust" here.
So, now that that's working out the exact opposite, what's the next fanfic?
nice theory however trump is a retard and he could never come up with anything close to this
Selling all my dorrars for euro as we speak
The money doesn't actually exist and the numbers are made up. All you have to understand is that you should be afraid, anxious, and angry.
What you should learn from this is that you should give up all your rights in the hopes that some vague amalgamation of government and corporation will save you and take care of you.
Economics 101, you're welcome.
Boomers will learn to code?