https://www.youtube.com/watch?v=MbTrP97NTCk Leah Zlatkin, COO of Mortgage Outlet says theres two things we need to keep in mind: “If you are or were looking to qualify with variable rate mortgage, you’re going to qualify for slightly more than you would have before and if you’re a fixed rate mortgage holder, this doesn’t really impact you at all as that’s following the bold yeilds”
“The other thing to consider is that if you are a variable rate mortgage holder with static payments, you’re actually not going to see a decrease in your payments” says Zlatkin.
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