The longer the fixed rate, the more insulated you'll be.
Whenever business slips a little, lenders trot this stuff out.
Welcome to the cold reality. A lot of people selected short-term interest rate product and are now beginning to see how these things benefit the lender.
If you're the gambling sort, you could get into an interest-only product and bet that the market will build equity for you.
If you've refinanced in the last 18 months or two years, this movie's a rerun. Rates aren't at compellingly low levels.
There are a variety of methods by which bridge loans are made.
The question you need to ask yourself is, why would a bank be pitching you this product at this time? The obvious answer is that bankers believe rates will rise in the future. Getting you out of a fixed loan and into a variable one helps ensure profitability on your account.
Could there be some 50s? There could be some 50s.
Listing the person with the higher credit score as the primary borrower, ... may knock as much as two percentage points off the interest rate.
Leveraging yourself out at a time when (home) prices are very high certainly could set you up for difficult times.
