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re: Average interest rate on 30 year mortgage rises to 7.59%, highest since December 2000

Posted on 9/21/23 at 9:02 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167600 posts
Posted on 9/21/23 at 9:02 pm to
quote:

They are out of the game today for the most part.


This is from an email I got this week from a small hedg fund


quote:

...and we buy homes across the country to repair and lease to our residents, and then manage them thereafter. Currently, we own about 4,000 properties across the country and plan to grow to around 10,000 by the end of 2026.



Blackrock might be out but they have shown the model to other hedge funds to follow.
Posted by dakarx
Member since Sep 2018
6902 posts
Posted on 9/21/23 at 9:03 pm to
Anyone sitting on an Adjustable Rate Mortgage right now has to be shifting kittens.
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