There's another real estate bubble about to pop. Commercial real estate is in bad shape because of all the stores closing. I wouldn't invest in real estate. I'd get out. If I was looking to get a mortgage I'd make sure it was a fixed rate mortgage. I think rates are going up with the Fed rate hikes.
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Fixed rate would be the only way to go IMO. Yeah, Commercial been in bad shape for some time now. I was just curious as to residential as I thought I learned that the rates followed along with the bond yields ups or downs? This may be wrong? I know the fed rate hikes effect them and have been as they've slowly raised them this year but with fed rate hikes verses bond yield decline I just wondered which would be more magnetic to mortgage rates? More than likely the fed rate hikes right? Thanks for the reply. Much appreciated!
Nice post in the Art Challenge!
Hey, thanks brother! Much appreciated! You post? If so, I'll have to go check it out.
Not done one yet.
Gonna have a think about it tonight....surrealism art can be tricky! (Sorry I know off topic here!!)
No worries! It'll come to you.