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I was just listening to Michael Savage show, he suspect 20% drop in $ value each year for the next two years. Does it indicate RE will not go down.
A friend got 2.5% 30yr fixed a couple weeks ago. Not sure about down payment.
Unless that "rental property" was your dad's former residence that he bought VA while he was living there, refinancing VA is illegal.
Unless that "rental property" was your dad's former residence that he bought VA while he was living there, refinancing VA is illegal.
Did you go with fixed, adjustable, or interest only?
How large of a down payment?
What interest rate did you get?
I followed up with my mortgage consultant back in April and many lenders weren’t offering many options due to risks associated with the unknown of Corona virus. I haven’t checked much in the last 2months however.
I look forward to hearing your experiences, thanks!
Side-note: I’ve seen absolutely no drop in home prices yet as a response to Corona virus. I guess that’s what happens when interest rates drop to 0 and the government pumps stimulus money into the economy,