Just signed a nice older couple to a adjustable rate Reverse Mortgage. They were smart cookies, more income for them now and more in the future as rates go up.
Also doing more HELOCs since everyone now has lots of equity, even if the interest rate is higher. |
| Messages in this Thread |
 |  There is an upside to rising interest rates for some. - Mills Mobile Notary Service on 6/24/22 1:22pm |
|  ARMs are making a comeback, too, for some. n/m -  JanetK_CA on 6/24/22 1:55pm |
| 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/24/22 2:53pm |
|  Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 7:39am |
|  Break-even is term used in the bond market. Inflation - grapebed on 6/25/22 11:15am |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Yoli/CA on 6/25/22 12:39pm |
|  Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 2:39pm |
|  Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Yoli/CA on 6/25/22 3:13pm |
|  85% of the time, I won’t drive more than 4 miles one- - grapebed on 6/25/22 4:29pm |
| In addition to the cost of doing business, what really - grapebed on 6/25/22 3:26pm |
| Re: In addition to the cost of doing business, what really - PaigeTurner on 6/26/22 7:56pm |
| Not going to happen. Supply/demand is driving fees down & - MW/VA on 6/25/22 2:55pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - PaigeTurner on 6/25/22 5:39pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/25/22 5:53pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - JanetK_CA on 6/26/22 1:56am |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/26/22 8:04am |
| Agree Janet - PaigeTurner on 6/26/22 7:37pm |
| Re: There is an upside to rising interest rates for some. - PaigeTurner on 6/26/22 7:32pm |
| Re: There is an upside to rising interest rates for some. - Expeditor on 6/27/22 1:00pm |
