# How is everyone's 401k doing?

**URL:** <https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962>\
**Category:** PittSpeed Off Topic\
**Created:** [January 22, 2008, 6:59am UTC](https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962 "2008-01-22T06:59:01Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![1st\_v-dub](https://avatars.discourse-cdn.com/v4/letter/1/ee7513/32.png) [@1st\_v-dub](https://forums.speedlife.net/u/1st_v-dub)\
**Post date:** [January 22, 2008, 10:34am UTC](https://forums.speedlife.net/t/how-is-everyones-401k-doing/194962/8 "2008-01-22T10:34:34Z")

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> [@f.s 97 bmw 318ti $3000](https://forums.speedlife.net/t/f-s-97-bmw-318ti-3000/34442/20):
>
> You think they will dip that low? If so I may have to start shopping for my 2nd house a little sooner than I expected to. Now the avg for PA is 5.48% which isn’t too bad.

Yes.

Oops, while I was researching, I see you posted what I was going to post. The current PA 30 year fixed avg. is 5.48% and dropping. I honestly think another poor quarter or two and the rates will drop.

I also see a desire by the lenders to keep their numbers up, so while new mortgages will be fewer, the entire industry will move more toward refinancing and hopefully trying to out do each other with discounted fixed rates, or as discounted as they can get.

Sorry to the OP for hijacking.

edit: so yeah, the dow was down nearly 500 points when it first opened. This was expected based on what went on in markets around the world yesterday. Last tally, the dow is back up to a loss of around 150 points for the day, which still sucks, but is by no means the disastrous sell-off that this thread seemed to imply was happening or should happen. Take some malox and relax. If not, I suggest a firebox, a locking closet, and a trip to your bank / financial adviser.

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