Are you currently paying off an SBA loan and wondering how rising interest rates could affect your monthly payments? Or, maybe you are considering getting an SBA loan but are worried that increases in interest rates will mean you have to pay back more than you are anticipating.
For 30 years, falling mortgage interest rates have enabled homeowners to move into ever-larger homes on the promise of ever-cheaper financing. But that party is over, and the impact on existing home sales could be significant.
These low interest rates we've enjoyed for years will begin rising. I personally believe we still have some time before rates start upward. Since you have a little time left, I'd like to give you a few suggestions.
Welcome, disillusioned buyers. You really shouldn't be here, should you? You saved your money and had 20 percent to put down. Yet you were trampled by the buyers with wallets full of cash snatching up investment properties.