Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
When are we buying the house dip? I know it still has more to go down but when do we jump in to grab it? I’m currently looking to purchase a STR in Tennessee or Florida.When do you guys think that area will be good t...
Does anyone know which site/resource offers the best prime interest rate projections? I am looking at financing proposal with a 5-year fixed rate that will change according to the prevailing prime rate at the end of ...
Private Lenders: I did some lending a couple years ago, usually getting a couple points and 10% interest. That was when inflation was 2% and conventional rates were 3-4%. Now planning to do some more lending (to local...
As both an investor and a broker, I’ve worked with a variety of lenders, and while many are solid, some have issues—whether it’s delayed closings, surprise fees, or poor communication.
I’m curious to hear from the co...
I have a mortgage loan for 703K at 2.875 interest (7/1 ARM, still 6 more years left) - I am paying $2988 I have HELOC for 90K at 5.25 variable rate, i am paying $370 per month (interest only)I have two options now 1. ...
This is probably a stupid question but I'll ask any way. If I have to pay back the loan in 5 years what is the meaning of the 30 year Amortization of the loan and why are certain loans structured this way?
First time home buyer, looking to buy an investment property in New Orleans. Looking to buy a double, long term rent one side & Airbnb the other side (due to laws in New Orleans, doubles make the most sense for Ai...
hello,
My father and I are looking at buying a duplex. It’s an older house converted into duplex. We’ve been told that it’s a higher interest rate for that. Does that seem right to anyone? I’m sure this is against th...
Are HELOC’s interest rate fixed? Or can it fluctuate? If it does fluctuate can it be significant? Can it go for example from 4.8% to 6%? Thank you.
Arthur Voskanyan