My Account
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Apr 18, 2019
3:54
:36
pm
ReggaeCoug
All-American
Are you talking about a loan/real estate bust?
As long as rent prices stay as high or higher than a mortgage payments, I don't see the bubble bursting like it did last time.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
ReggaeCoug
Previous username
RaggaeCoug
Bio page
ReggaeCoug
Joined
Nov 16, 2005
Last login
Nov 9, 2024
Total posts
21,866 (356 FO)
Report problem with this ad
Messages
Author
Time
POLL: Which mortgage option would you choose?
cougarfann888
4/18/19 3:13pm
I would do the math, which I'm not going to do right now.
dYrtbYkerYder
4/18/19 3:16pm
For me the 10/1 arm is about 4K cheaper up front and about $45
cougarfann888
4/18/19 3:18pm
we're in the lowest interest rate period in US history
molodyets
4/18/19 3:20pm
People have been saying that for 7 years(myself included)
cougarfann888
4/18/19 3:21pm
Our economy is not stable and mature that we are on cruise control
molodyets
4/18/19 3:42pm
Oh I think the economy will bust at some point...
cougarfann888
4/18/19 3:46pm
Are you talking about a loan/real estate bust?
ReggaeCoug
4/18/19 3:54pm
They'll go up and home values will decrease as a result.
Pimpin4Paradise
4/18/19 3:23pm
In addition your mortgage balance, 10 years from now
Biyamiti
4/18/19 3:58pm
Yeah, I have always been hesitant of arms but a 10/1
cougarfann888
4/18/19 4:05pm
Exactly, 10 years is a long time
Biyamiti
4/18/19 4:24pm
yeah, I did the same math 4 years ago but with a 7/1 ARM
DrBYU
4/18/19 4:20pm
Do the 10/1 and then refinance to a 15 yr before the 10 years is up.
ReggaeCoug
4/18/19 3:52pm
This has kind of been my plan.. if I go that route
cougarfann888
4/18/19 3:56pm
Agreed. And there’s a very good chance you will either move
garyfan
4/18/19 4:08pm
I'd do a construction loan that "morphs" into a 15 yr fixed.
CougarThug
4/18/19 4:30pm
Do the 10 year and be fairly aggressive about the refinance
KSwiss
4/18/19 4:32pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad