If rates go higher, it will reduce liquidity of the whole financial system. No real estate transactions, no lending or borrowing, no credit card transactions...
Yes, you are absolutely right. My margin is 2.25%, so the rate would be 7.75% at the current index level....
So the real question is where would the Refinitiv USD IBOR 12m go in the next 5 months...
Is there a place where I can see the historical date of the rate, even better with comparison to...
I have an ARM 3/1, and the first 3-year fixed-rate period will end soon on Nov 1 2023. That means my rate--and therefore my monthly payment--is going to change (yes, increase) on Nov 1 2023. My current rate is 4.125%. I am so afraid the rate is going to be above 7% or even 8% by Nov. I have...
This is is my purchase of resale property in Ontario CA. Any recommendation is appreciated. I contacted Steve from Bilt Right who is highly recommended here, by he is fully booked for the next two weeks.
Hi, I am looking for home inspectors for my resale property purchase in Ontario CA. Any recommendation for services in that area is highly recommended. Thank you!
Reminder on calendar does not work for busy man. Reminds you on 12/1 and you are busy on that day for something else. Then you forgot it on 12/2 and no reminder any more. It is better to set a reminder everyday from 12/1 to 12/6. But then you might end up down pay. Say you pay on 12/1 upon...
If you are recently shopping around for mortgages, give Sherry Wang from Citi a try. I just closed escrow with Sherry, and my experience is fantastic. She not only beat all competitors' rates, but also locked the rate for me for extended periods that no one else was able to do. She guided me...