u/bernieOrbernie

Hypothek

The rates jumped drastically between last week and this week. The progression of rates has been so volatile during the last couple months, it’s possible the rates drop lower again or get significantly worse during the next couple weeks. We close mid June. I have a 10 year fixed rate offer for 1.57%. I‘m still getting saron offers for .8%. The uncertainty or variability of the saron is not the problem, but I can genuinely see a strong possibility that we are beginning an era closer to 2008. We won’t have amoritization, because we‘re putting enough down. Anyone have any interesting opinions? 1.57 offer ends today, and all the offers I got this week for fixed rates are terrible.

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u/bernieOrbernie — 2 days ago