3 ms·
> at the low rates they are Low rates?! BOA is offering me 4.9% on 400k/800k, fixed for 30yr. But they still want 4% for a 5year ARM. Even after income tax ded
by oliwarner 5y ago
> at the low rates they are
Low rates?! BOA is offering me 4.9% on 400k/800k, fixed for 30yr. But they still want 4% for a 5year ARM. Even after income tax deductions, how the hell do Americans afford houses with this sort of nonsense.
I guess that's what TFA is really driving at. It's getting hard to lend money on housing in the US.