Re:Mortgage Rates Could Tank Home Prices by 20%, Fed Study F...
by prpl on Wednesday November 16, 2022 @10:43AM
(#33624961)
if you have 20% now, you had 16% before and 3% mortgage rates. Now you have 20% and 5% mortgage rates or an ARM. ARM might work to lower monthly if you think Fed will chicken out and you are happy to pay refi cost.
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