by Jim the Realtor | Apr 29, 2018 | Bubbleinfo TV, Interest Rates/Loan Limits, Thinking of Buying?, Tips, Advice & Links | 1 comment
Sellers will be reluctant to lower their prices just because rates went up, so what do higher rates mean for home buyers?
Let’s take a minute and a half and logically review the actual differences in payments when rates go higher:
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Blackstone already owns $4.5 billion in assets here — including Legoland and the Hotel del Coronado.
Blackstone Group to buy 66 apartment complexes in San Diego for more than $1 billion https://www.sandiegouniontribune.com/business/story/2021-05-11/blackstone-group-to-buy-66-apartment-complexes-in-san-diego-for-more-than-1-billion
5.0/5.05.0/5.05.0/5.05.0/5.05.0/5.05.0/5.05.0/5.05.0/5.05.0/5.0
It’s going to take something major to turn around a near 40 year downturn in mortgage rates. Trump may be that ‘something major’.
I really doubt 30-yr mortgage rates will hit 5%. If mortgage rates hit 5%, we may have hit a bottom. 5% mortgage rates could mean we’ve hit a ‘break-out’ and 6% is on the horizon. I’m betting otherwise.