Have a credit union that will do 10% down 5/1 ARM at 4% then varies based on 10 year Treasury.

A simple analogy is to the casino game of craps(which I don't play and I don't understand.)

Amazon selecting Las Vegas for this type of infrastructure will bring others to Las Vegas as well.The hospitality industry is still expanding:Virgin Hotels just opened a new hotel/casino.The First Atari Hotel Looks Like a Gamer's Fantasy — and It’s Opening in Las Vegas The Boring Company plans to expand the existing underground transit system in Las Vegas.Resorts World, a $7B hotel/casino is opening summer 2021.

. - There are over 60,000 people employed by casinos in Las Vegas, Nevada. - We continue to get new developments by businesses other than the hospitality industry.Appreciation.

So if I’m at 5% now I’ll not go above 10% over the next 15 years (I also like fully amortizing.) 250 to 350 basis over treasury is typical.

Some fundamentals:Conventional loans are backed by Treasury Notes, 11th district funds, libor ratesThe current increase of 0.25% is to the Fed Funds rate, aka overnight, bank to bank rate.It takes time for changes in the Fed Funds to ripple into the other systems.Don't let FUD(Fear, Uncertanty, Doubt) spoil your day.

Sure you can keep track of treasury note yields to give you indicators but that's really all they are, indicators.

However, I'll play the odds like a Vegas casino and bet on the house in the long run.As I've stated many times here and elsewhere before: plan your work, work your plan and don't plan the results.

You can find a cheaper contractors at $40 per sq ft but it reminds me of playing craps at the casino.

.- "i love this house. i love it, love it. i am fixing my credit". on the way out she said "Ok y'all, we are going to the casino now. hope to see you later". - stated 3 times before they came out that the house has NO basement. comes in and says "It's small, does it have a basement"?