Idea Of The Day Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gerard mangiardi who wrote (28837)	9/15/1999 4:32:00 PM
From: ynot	Read Replies (1) of 50167

true about home mortgage costs, however where i am the buyers RUN to buy new houses as the rates are GOING UP, weird but true i believe it is the desire to 'lock' in rates and avoid uncertainty as well as partcipating in the inflation 'value' increase of the home they are about to buy...not a simple example, i've been watching the home market, new and used, for over 25 years rate increases cost more monthly, but the correlated increase in home 'values' offsets the increase monthly cost by boosting borrowing power at least that's what i think ;) ynot ;)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next