Impressed you’ve already completed your return. I haven’t even received half my 1099s yet 
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When did close on the home in 2023?
I only have one brokerage luckily, but I was surprised how quickly it came this year.
This past June
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Not that it is an ongoing issue, but you could have modified your tax withholding to account for that anticipated $10k return, and then stuck that extra $ somewhere else for 6 or so months, paid debt down, etc. Once January rolls around, you can then go back to old withholding numbers if they worked for you.
Will of course need to adjust for ongoing mortgage interest or any carry overs as well!
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Yeah that’s super fast.
Also, looking forward to you refinancing this year 
Why when you have no bills your credit score drop?
you are bad person from the banks perspective because you aren’t borrowing and paying interest… hmm, their income. So borrower more to keep score higher 
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So what happened with your offer? I understand you may want the home but if you’re feeling rushed or don’t think you have all your questions answered, the realtor should be there to help.
Your credit scores are based on how you handle your credit accounts (if you pay your bills on time).
If there is no on-time payment activity there is nothing positive to score.
Common misconception.
Risk scores have no idea if you’re paying interest or not.
I backed out of that one but should close on a different property soon. I have an offer accepted on a place I like. It is a smaller 3 bedroom property but nice location and should make a good place to live the next couple of years. Better than renting and has cashflow potential.
However, since signing the contract (Thursday) my rates have gone up 0.375%. I asked my lender to lock in the rate on Thursday but my realtor couldn’t get the contract to my lender in time. It was probably my fault since I didn’t push the realtor and didn’t realize the rates could change so much in one day. When my lender got the contract on Friday morning the rates had gone up 0.25% and today on Monday another 0.125%. I still haven’t locked the rates hoping it can come down about 0.25% in the next 10 days or so before I have to lock for the closing.
Hoping for the best and fingers crossed but I have a feeling things are really going against me the last month or so
In the end not that big of a loss given I might just refinance after 3 years or so.
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Date the rate, marry the home
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God I hate that statement. Straight from the NAR playbook. Especially since Powell last interview when he finally admitted the debt is unsustainable and there will be less cuts then the market expects. These high rates are here to stay and inevitably housing will have to drop. They didn’t raise rates enough imo, so once again the fed is behind the ball
That’s why this guys rates jumped almost half percent
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I never missed a bill? and it still drop
Before a score drops it has to go up.
Most people don’t look for explanations when there’s an increase, though. 
The score-able characteristics of your reports change all the time, so it’s normal to see increases and decreases even in the absence of a fresh delinquency.
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Fluctuations of 1-2% are normal.
Plus the FED was like 6-9 months late when they actually started to raise rates. What happened to “iNflAtIoN iS tRanSaToRy” The PR firm hired to get that message out did their job!
I mean an influx of cash, less goods and more demand. Did the FED think that would disappear overnight and inflation would go back to 2% in a few weeks??
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That and the fact ZIRP should have never even been a thing.
Printing money doesn’t end poverty any more than printing diplomas ends ignorance.
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Depending on where you are, rising rates and dropping prices aren’t always the case and definitely not proportionate.
Fundamentals and real estate don’t play well.
Remember when rates were dropping and people said there was no way they can go below 5… then 4… then 3?
Then when rates were going back up… a few members here predicted 10%+.
Rates are still high yet new tract (yes tract… not custom) homes are priced close to $5mil in SoCal.
Buy what you can afford and stay in for at least 5 years and hope rates will go down (if you are financing) and that you can build equity if you want to move up.
Edit: I’m not a real estate or financial advisor but if you are financially responsible, get a loan product with a low start rate like an ARM, it does 2 things for you… pays off more principal to start and allows you to increase your income for future rate adjustments. I know people disdain Option ARMs but there is a time and place to use them.
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I like that one. Gonna use it!
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Take corporations out of the buying pool and it would be proportional. Of course it’s always regional as well, but there’s a tipping point in any market where rates will influence pricing. That’s 100% the main issue with the current market. They used free money to buy up everything and anything they could get their greedy hands on
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