@Steelersdepot Sooo…why can he so clearly see this now…but couldn’t for the last 6 years when he was directly in control of the same thing??!! 🤔🤦♂️🤷♂️
Oh no! The rando internet bro that’s too much of a scared bitch to post using his real name got me good! 🤣. Tool!
Well, if you signed a 7 year ARM at 2.5% in 2021…seems you’re the mentally challenged one!
30 year fixed rates were that low (or lower) in 2021…so some loan officer saw your dumb ass coming a mile away and took total advantage of you 🤣🤣🤣💀💀💀
@nextdoorlabs@RampCapitalLLC Arrogance? I’m trying to give you a heads up. Check your loan docs.
I’ll stick by my 30 years of mortgage lending experience over your “trust me bro” internet reply.
Hate to break it to you…but the standard first adjustment on virtually all Fixed Period ARMS is NOT just 1%…it’s subject to the full life of loan cap of 5%…and THEN, no more than 1% per year after that.
That does not mean it will go up the full 5% cap (unless rates go up a ton more from here), but in current state of rates it most certainly would go up more than 1% at that first adjustment.
Covid: 9 trillion in newly printed stimulus money and ZIRP by the Fed certainly factored into and was primary driver of this.
Trump Tariff War: completely unnecessary war of words in the midst of a strong market, not really surprising the recovery (although, the continuation was indeed surprising).
Iran conflict: driven by fomo of the above recovery and continuation. Does it stick? Is it legit? Does it have same result/continuation? Time will tell.
All of this to say, that since the first event...the irrationality of markets has exacerbated. What used to be normal good YEARS, now happens in 10 days. AND, the Up.Only.Always.Forever. (UOAF) mindset of today's traders is befuddling and a primary driver of said moves. Markets have tripled+ since just 2020...and most thought the world was coming to an end just 10 days ago when a mere 10% off highs despite that fact. lol
@RealSimpleAriel@KfirCapital But, didn't you hear...they gave us a present. A tremendous present. It arrived today. It is worth a tremendous amount of money this present. It's the greatest present. 🤣🤣
@RealSimpleAriel IMO, $NVDA is currently bear-flagging on daily between 50 & 200 ma's. If that unfolds, not good for overall market. Needs above 184s and 50 ma to build to void bear flag.
@scarpizio AR2 has now proven, beyond a shadow of doubt, he cares more about being mediocre with the illusion of possibly winning to fill seats…than actually winning. 🫠🤮
@colin_dunlap Colin, this is easy to prove without even getting into details that most do…
Show me his “coaching tree”…ohhh, right, you can’t because it doesn’t exist.
@jscherniack Well, it's a good thing this was 'just' the stock price movement in the safe-haven of one of the biggest defense contractors in the world then... 🤣🤣🤣💀