With interest rates rising how does it make sense when I can only get 70% Ltd out of banks ?
Property value is 260k I owe 142k
At 70% it’s like 38k our but mortgage goes up $345 a month cuts my cash flow from $1290 ...
How are your real estate/investing goals going with rising interest rates and uncertainty in the multifamily space and how are you adapting to the changes?
I not able to invest for a few more years, but what are your thoughts on interest rates rising, and is that discouraging you from buying more homes?
Hello DFW multifamily operators/investors,We are observing an increase in delinquency rates in DFW area, sometimes above 5%, for workforce housing even with strict qualifying criteria. I am curious if other operator...
Hi,
The average rate for 30-year FRM increased by 3 basis points to close at 6.38% whereas the rates for 5/1 ARM slid down by a single point to close at 6.19%.
When mortgage rates were favorable and lending terms not...
What do you foresee happening with in the housing and rental market now that Janet Yellen has increased rates and has alluded to at least three more hikes in 2017?
Hi,
Bond yields and mortgage rates have been influenced by a reviving economy and price pressure. Mortgage rates have been on the rise and will continue to follow similar patterns. Average 30-year Fixed Rate Mortgage...
I was listening to a podcast the other day that had some smart guys on it that said values should go down 5-6% for every .25 rise in interest rates. Would you agree with this? I can see the math of what they are say...
The Fed is telling us that rates will continue to rise. Interest rate risk might be the most significant risk if you are borrowing.Look at a historical prime rates http://www.fedprimerate.com/wall_street_journal_pr.....
All,
I am in the middle of purchasing a duplex using FHA Loan and I am trying to lock in a rate. The past couple of days it has been at 4.25%. Is that a good rate or should I wait it out and see if it drops?