OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Rates Fod For Thought

Posted by Mr.Copper @ 15:11 on September 12, 2014  

If the house drops at 4%/yr and the mortgage is 4%, you have a POSITIVE rate of 8%. Rates today for homes are way too high. You are supposed to PROFIT on the rates. Pay 4% on the loan, and get 7% appreciation per year. Rates are too high now.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.