Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2026 Poal.co

898

Do all those ARM's blow up the economy?

Do house prices fall, lowering taxes, which fucks City/County/State budgets?

ELI5, what would a 1-2% raise in the interest rates do to US housing?

Do all those ARM's blow up the economy? Do house prices fall, lowering taxes, which fucks City/County/State budgets? ELI5, what would a 1-2% raise in the interest rates do to US housing?

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (66).
[–] • 0 pt

Of course you're in a better position. The fed will eventually have to lower rates then you refi with a smaller payment, then wait for prices to rise again because interest is lower.

[–] • 0 pt

Until the crash of 2008 mortgage rates of 6.5% were considered good. That means you're probably looking at rates in that range for a couple of decades after having them above 10%.