Hello my fellow investors. I'm in need of some guidance. I'm purchasing a commercial property and the rate that I got was 5.79 for 3 years then then resets base on the us treasury rate. People Re telling me the rate i...
In recent weeks my mortgage rate quotes have gone up from 4.375 to 5 for a conventional 30 year 20% down mortgage in Memphis, Tennessee. Have rates really gone up? The two that I am speaking to say they have gone up. ...
It seems that LONG term mortgage rates and Inflation have peaked? Fed funds rate/Prime rate still has room to go, 50 to 100 BPS. 10 Year Treasury hanging around 3.5%. SEE some charts below. What are your thoughts?
I'm curious what others think on the topic. We know rates are high, and the Fed historically baffles the moves they make. Here are some high-level takeaways from Powell.He seems to feel rates have not been high enough...
My parents gave me 10k for my first Down payment on a house. I don’t know when that is going to happen, hopefully soon..Suggestions on what to do with the 10k until I need it for that DP? Thanks!
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
Things just got interesting.
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...