Interested to know what X and Y would be in the following there scenarios, given a 20-25% down, 30-year fixed mortgage:
1) Single family home that is your primary residence (today's market rate)
2) Duplex where one ...
Disclaimer : I know no one can predict the future and this is mostly a discussion thread and hopefully fun.Ok, so if you look at charts of bonds, there has been a clear technical breakout to the downside for bonds sta...
We have a HELOC with PenFed which offers us an opportunity to fix the rate on any portion of the (or full) draw. We currently have a promotional rate of .99% until 8/15. Following that, our variable rate is Prime + ...
ARMs (Adjustable Rate Mortgages) are a product that haven't been mentioned much in the last few years. As rates were at all-time-low levels, the spread/benefit of an ARM was nearly non-existent. However, as rates are ...
Just thought I would share a summary of my recent findings in obtaining mortgages for rental property.Background: 800+ credit, 30 year fixed, rental propertyConventional Mortgage: 4.125% rate, 25% down, must have inco...
Hi. Accredited investor here, tech background. I live in a VHCOL area, and the prospect of investing in Brooklyn beyond my condo seems... unlikely. I'm heavily weighted into technology and cryptocurrencies and I'm loo...
Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...
Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...
I’m curious how this type of deal works when interest rates are higher. The numbers work with lower interest but now it seems like the monthly negative is eating away the would be profit.