3 ms·
That is the good thing about it. If rates to up you're protected, if rates go down you can refinance. Its a great deal for US consumers that other countries don
by rr888 4y ago
That is the good thing about it. If rates to up you're protected, if rates go down you can refinance. Its a great deal for US consumers that other countries dont have.
- xeromal 4y agoYup, I bought a house at 2.7% last year. At current rates, my house would have to be 20% cheaper to keep the same payments. I don't think I'll ever be able to beat the rate so I'm pretty happy. Even if the market explodes and my house drops by 20-50%, it was still a good deal with those interest rates.