When Will Mortgage Rates Fall Again?

[@AliBooneInvest]

Great to hear from someone working specifically with investors and not just principle home owners. Thank you for sharing and for the insight :)

[@GetRichEducation]

Hey, thanks Ali!
Check out Ali Boone's TH-cam Channel: www.youtube.com/@AliBooneInvest

[@amirlincoln7183]

Thanks to both of you great interview 🎉

[@GetRichEducation]

It's really appreciated, Amir!
-Keith

[@JonathanAyers]

I'm working on getting a 1st position HELOC right now. Here's to hoping I can get it done!

[@nellosnook4454]

Thanks Keith! 👍

[@CarolinaRealEstateGuide]

Not sure who would take an adjustable rate loan to save 1% when that will get washed away in the next couple months with the rate hikes.

[@kabysummit5801]

Not to mention the fees to refinance

[@karlkleinschrodt3893]

A 7/1 ARM gets you a rate lock for longer than the average homeowner has a 30-year fixed mortgage. I'm surprised they didn't elaborate on the ARM terms.

[@GetRichEducation]

Good question, Bobby! As Karl has eluded to here in the comments, ARMs often have a fixed-rate period at the beginning.
For example, a 5-year ARM means that your rate is fixed for the first five years.
Hope that helps.
-Keith