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ilmscore | Prediction Details
"if you have a sub 5% mortgage rate right now well you got lucky you locked in that mortgage rate and I hope you locked it in I hope you did not get an adjustable rate mortgage but mortgage rates 3% that made me want to pull my hair out when I saw people getting adjustable rate mortgages so they can get the first couple of years at 2.5% as opposed to 3%"
By
Minority Mindset
|
November 15, 2023
|
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From video
Before You Pay Down Your Mortgage - Watch This
00:06:20 - 00:06:37
Interpreted Prediction
Mortgage rates below 5% are considered lucky, and individuals with such rates are advised against adjustable-rate mortgages.
Prediction Details
Topic
Mortgage interest rates vs. investment returns
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