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To: dp0622
God forbid it ever goes that high again, housing prices will plummet

Some say that interest rate spike periods are ideal times to buy. The rate has to peak and come down after the economy is choked off.

That is, if the powers that be aren't endorsing modern monetary theory--MMT--and printing the currency and inflation into the wild blue yonder.

12 posted on 03/18/2019 12:34:36 PM PDT by Pearls Before Swine ( "It's always a party when you're eating the seed corn.")
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To: Pearls Before Swine

Well all of the interest would be deductible, right?

Yeah I guess you can’t go wrong because if interest rates drop the price of the property goes up and if interest rates stay high you’re deducting the interest and paying the same monthly as you would if interest rates were low and the house was 2 to 3 times more expensive


20 posted on 03/18/2019 1:36:05 PM PDT by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR!)
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