Subject: Re: No Fed Cuts this year?

Elsewhere someone was talking using language like "when" and not "if" when referring to interest rates (mortgages) getting back to 3-4%. My response was that rates that low is not standard in history but just something that recently occurred (along with the exceptionally rare ~2% rates).

Interest rates during my lifetime have generally slowly dropped from a peak near the end of my high school days around 17% down to the bottom around covid starting.

To me it seems like the current rates are fine. Sure if you are buying a house you'd like much lower rates but that isn't a guarantee to happen.