OneFly1035
OneFly1035 t1_ja8i1lb wrote
Reply to comment by cbusoh66 in US Pending Home Sales Surge 8.1%, Most Since June 2020 — Bloomberg by cbusoh66
Housing prices near me went from around 400k to 375k. Rent went from around 2000 to 3200 lol
Rates are currently making housing significantly more expensive
OneFly1035 t1_ja8s460 wrote
Reply to comment by Mariom2 in US Pending Home Sales Surge 8.1%, Most Since June 2020 — Bloomberg by cbusoh66
The ARM crisis will be in 5 years from now if rates are still high. I doubt many people had ARMs prior because rates were extremely low for a long period of times. Even those that did the ARMs now are capped at maximum rises total and per period.