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re: Official CryptoTalk Thread

Posted on 5/11/22 at 8:19 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 5/11/22 at 8:19 am to
quote:

Yeah real fun, especially if you just bought a house at this recent peak... with a variable interest mortgage



Actually right now is exactly when you want to get locked in to an ARM
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/11/22 at 8:37 am to
quote:

right now is exactly when you want to get locked in to an ARM


yup
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425838 posts
Posted on 5/16/22 at 9:53 am to
quote:

Actually right now is exactly when you want to get locked in to an ARM

I'm talking about people who already bought before the rate increases. So their asset is inflated, likely to deflate over the next few months, AND with their interest rate about to increase.
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