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A Tale of Two Interest Rates


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2016 Dec 26, 10:26am   2,377 views  3 comments

by Bellingham Bill   ➕follow (2)   💰tip   ignore  

These two screenshots show home prices went up 1% thanks to the Fed raise.

Top is December 3 ratesheet, lower is December 24, on a $425,000 property with 20% down.

points went up $4,000 to get the 3.625% 30 year fixed.

Not sure home prices are going to fall $4000 in compensation, while in theory that's how the market should work, that's not how prices work in practice.

Comments 1 - 3 of 3        Search these comments

2   Patrick   2016 Dec 26, 10:50am  

Thanks, this is interesting.

Never heard about negative fees and points before (bottom of the upper rate sheet).

3   anonymous   2016 Dec 26, 10:55am  

rando says

Thanks, this is interesting.

Never heard about negative fees and points before (bottom of the upper rate sheet).

Really?

Wow

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