Keith Gumbinger
Keith Gumbinger
card cause certainly change fall fallen might talk trying whether
It certainly could cause a change to the marketplace, ... But you're trying to talk about whether the 14th card might fall when first one hasn't fallen yet.
home mortgage taking
For most home buyers, especially first-time buyers, taking a 15-year (or 20-year) mortgage is out of the question.
costs
If it costs them more, it'll cost you more.
cuts likely mortgage rates succeed
If the Fed's cuts succeed in stimulating the economy, then mortgage rates are actually likely to rise,
borrowers choices expanding include loan means menu niche opportunity
Expanding your menu (as a lender) to include as many loan choices means you get a better opportunity to scour borrowers out of niche markets.
additional continue debts exceed guarantees home levels prices quickly rates remain value
Not only do you not own any of your home, but you may be piling up additional debts that could quickly exceed the value of the home. There are no guarantees that rates will remain at comfortable levels and no guarantee that home prices will continue to go up.
less mortgage pay ultimately
If you're making a pre-payment on your mortgage principal, ultimately you'll pay less interest,
borrower challenge credit good seem
If you're a good credit borrower you can challenge fees if they seem excessive.
cash improve likelihood loan might payment reduce term
If you re-extend from 15 years back out to 30 years, that might reduce your monthly payment by 30 percent, ... If there isn't a likelihood that you'll pay off your mortgage, the re-extension of the term of your loan could measurably improve your cash flow.
borrowers harder low money pay points rates trim
If you pay points up front, it's harder to get your money back. When rates are high, borrowers have to pay points to trim rates any way they can, but with rates so low there is really no need to pay those points.
good
If you've already got one set up, you're good to go.
brand credit digging equity further home line people shovel themselves
For some people a home equity line of credit is a brand new shovel for digging themselves further into debt.
bet build equity gambling market product
If you're the gambling sort, you could get into an interest-only product and bet that the market will build equity for you.
last low months rates
If you've refinanced in the last 18 months or two years, this movie's a rerun. Rates aren't at compellingly low levels.