Posts Tagged ‘interest’
What is Causing the New Banking Crisis?
The Banking Crisis, Bank Failures and Bailouts: What is Causing the New Banking Crisis? The Banking Crisis, Bank Failures and Bailouts What is causing the new banking crisis? Is it bad loans? No it isn’t bad loans this time. It was bad risk management and the interest rate crunch that delivered the blows this time.…
Read MoreWhy Are Mortgage Rates Rising So Much?
Why Are Mortgage Rates Rising So Much? The Federal Reserve Bank and Interest Rate Increases The Federal Reserve Bank have raised interest rates 10 times in the last year, the most dramatic increase in the last 15 years. The reason for this is tied primarily to inflation. Inflation is at a 20 year high and…
Read MoreSellers Loophole: How to Assume a Seller’s Low Mortgage Interest Rate Without a Formal Assumption
Sellers Loophole: How to Assume a Seller’s Low Mortgage Interest Rate Without a Formal Assumption This powerful tool can turn your languishing listing into a hot commodity. Here is how it works. As a seller you may be sitting on an interest rate that is 3.5% or lower on your present mortgage. There is therefore…
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