Anyone here into firearms?

jwick · 01-25-2021, 09:03 AM

Quote:

Originally Posted by Hotrodz

We bought our first home a single wide mobile home in 1985. It was $15,500 and the interest rate was 15. Stick mortar homes were like 12.

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That sounds about like what my parents told us. We moved into our first purchased home in Houston around that time (83/84ish). Remember mom telling me interest was like 12%.

Ghostvette · 01-25-2021, 09:07 AM

Quote:

Originally Posted by jwick

That sounds about like what my parents told us. We moved into our first purchased home in Houston around that time (83/84ish). Remember mom telling me interest was like 12%.

Yeah....

I feel sorry for anyone that is thinking about waiting till late summer to buy a house... It's gonna be fugly....

Hotrodz · 01-25-2021, 10:06 AM

Quote:

Originally Posted by Ghostvette

Yeah....

I feel sorry for anyone that is thinking about waiting till late summer to buy a house... It's gonna be fugly....

Get it now while the interest rates are at historic lows.

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Ghostvette · 01-25-2021, 11:34 AM

Quote:

Originally Posted by Hotrodz

Get it now while the interest rates are at historic lows.

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I'm good. I bought mine 2 years ago.

I just have to deal with my mortgage company calling me every month wanting me to refi....

Hotrodz · 01-25-2021, 01:35 PM

Quote:

Originally Posted by Ghostvette

I'm good. I bought mine 2 years ago.

I just have to deal with my mortgage company calling me every month wanting me to refi....

Yep mine is at 3.5 so it is pretty close for me to look at it at 2.5 but part of me just doesn't want to deal with the hassle.

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Ghostvette · 01-25-2021, 02:37 PM

Quote:

Originally Posted by Hotrodz

Yep mine is at 3.5 so it is pretty close for me to look at it at 2.5 but part of me just doesn't want to deal with the hassle.

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My rate is higher, but it is a $0 down VA loan. If I refi, it will only save about $200 a month, but dividing the savings into estimated closing costs leaves me with a break even point of about 15 months down the road. No thanks.

It would be worthwhile if the break even point was 6 months on a 15 year note, but I don't have 30% equity to get the best rate.

jwick · 01-25-2021, 06:11 PM

Quote:

Originally Posted by Hotrodz

Get it now while the interest rates are at historic lows.

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We’re locked in at 3.125% and on the 15 yr plan. Kid will be in college and I’m gonna retire.

Spooler · 01-25-2021, 07:55 PM

For all you fear mongers'. Stop spreading rumor's. LOL

Rusty · 01-25-2021, 08:31 PM

Quote:

Originally Posted by Spooler

For all you fear mongers'. Stop spreading rumor's. LOL

How's is it fear mongering? Have you checked to see what is left on the shelves? Have you checked the prices on gun broker?

Seen that. It's old news. Other manufactories are having a materials shortage. This came out the other day. ADG can't get brass to make the casings. Some stuff will not be made until 2022. Lead is in short supply a long with other materials.

https://www.google.com/search?rlz=1C...Xx1BGwQ4dUDCA0

We have the perfect storm. A pandemic that caused shortages in manpower, materials, delivery. Riots. Anti gun president. 5 million new gun owners for 2020. Plus the gov't contracts.

Spooler · 01-25-2021, 09:24 PM

Quote:

Originally Posted by Rusty

How's is it fear mongering? Have you checked to see what is left on the shelves? Have you checked the prices on gun broker?

Seen that. It's old news. Other manufactories are having a materials shortage. This came out the other day. ADG can't get brass to make the casings. Some stuff will not be made until 2022. Lead is in short supply a long with other materials.

https://www.google.com/search?rlz=1C...Xx1BGwQ4dUDCA0

We have the perfect storm. A pandemic that caused shortages in manpower, materials, delivery. Riots. Anti gun president. 5 million new gun owners for 2020. Plus the gov't contracts.

The sky is falling, I get it. The same nut jobs bought it all up again.

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01-25-2021, 07:55 PM	#8 (permalink)
Spooler A True Z Fanatic Join Date: Jun 2014 Location: Ga Posts: 14,153 Drives: 2013 Nismo 370z Rep Power: 2684394	For all you fear mongers'. Stop spreading rumor's. LOL