I know that mortgage rates are at historic lows, and the radio ads have everybody rushing to refi and lock in now -- but these rates have done very little to move real estate markets. Even with the lowest rates in 50 years, people are still not buying houses.
Discussion topic: Will we ever see a 0% fixed mortgage, or anything approaching a 0% mortgage used as a tool to spur the real estate markets back to life?
How about a 2% fixed mortgage? Why or why not? (Not as far-fetched as it sounds, I have at least 1 ARM right now sitting at 2.75%)
Cheers,
- Hakrjak
Discussion topic: Will we ever see a 0% fixed mortgage, or anything approaching a 0% mortgage used as a tool to spur the real estate markets back to life?
How about a 2% fixed mortgage? Why or why not? (Not as far-fetched as it sounds, I have at least 1 ARM right now sitting at 2.75%)
Cheers,
- Hakrjak
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.