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re: NY FED survey: Americans expect mortgage rates to rise to nearly 10% in the next three yrs
Posted on 5/17/24 at 8:36 am to Covingtontiger77
Posted on 5/17/24 at 8:36 am to Covingtontiger77
If they want to see an economic resurgence, allow 401k money to be withdrawn w/o being taxed and used for investments.
Example: if my son or daughter wanted to purchase a home, I could loan either of them the entire sum and charge interest a few points below market with no points. I would get a reasonable return, the home would be purchased and when rates drop they could refinance and return the principal to me.
Example: if my son or daughter wanted to purchase a home, I could loan either of them the entire sum and charge interest a few points below market with no points. I would get a reasonable return, the home would be purchased and when rates drop they could refinance and return the principal to me.
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