/u/Tommyaka on Anyone think we’ll see variable home loan rates below 3% by the end of this year? Why/why not?

I think most buyers our doing so do to the low rates I feel the low down payment also is fuleing all this .I myself think when the rates rise again the market will slow down again .I know we looked at a community and there up 39,000 in less than a year if I brought a home now I be 39,000 in the hole if the house next door sold for the 39,000.

financial systems test 3. study. PLAY.. Julie is applying for a home mortgage loan of $190,000. The quoted interest rate is 9.0%. Julie will make equal monthly payments, to pay off the loan over 30 years.. If interest rates fall below the coupon rate on the mortgages in a pool, which of.

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Property Anyone think we’ll see variable home loan rates below 3% by the end of this year? Why/why not?. tommyaka 2 points 3 points 4 points 24 days ago . Governments can do whatever they want (within reason). It’s not a question of "can they" but a question of "will they".

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When should I start speaking with a lender? I’m looking to purchase my first home sometime in the Fall of this year (September – November). Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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If you are paying 7% and plan on staying in the house for a while, and you do not plan on paying down a huge portion of it in the next few years, then I would suggest that you look into refincnacing your first mortgage. 30 year fixed rates are below 6% and 15 year fixed are below 5%. Locking in those low rates may be the better option.

Okay, does anyone know a lender that will lend a year after a shortsale? Great income.. Understandable higher interest rate? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.