effect interest rates home prices palos verdes: projected interest rates in 5 years | when interest rates going up?!
- 04/02/22 11:30 AM
projected interest rates in 5 years | when are interest rates going up?! It's already happening. I've done hundreds of loans since 2007. That was when the market started to tumble after all those stated-income loans that stated income that borrowers did not actually have. So I learned on 30-year fixed loans only. What i've seen since then are primarily full-documentation loans amortized across 30 years. That means, the borrower had to show income documents showing the person is actually earning that income. Rates for the last several years have been in the 2s, as you know. I just closed a loan where the VA … (4 comments)
projected interest rates in 5 years | when are interest rates going up?!
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