In 1987 when we bought our Seattle house interest rates were still high, around 9-10% but much lower than the worst of the recession earlier that decade. I still had that in mind when we got our mortgage. I insisted on a fixed but as we were ready to close the shit head banker presents an ARM.
I said no way. The seller's agent fired that firm and got us a fixed. Cool story. Art of the deal.
I like to think a reverse mortgage is an ARM, it's what I like to do. Besides they're only a ripoff for the entitled spoiled brats who may be inheriting the estate.
Comments
Problem solved.
I said no way. The seller's agent fired that firm and got us a fixed. Cool story. Art of the deal.
NOC.