@ronmortgageguy@sjm_345 Hey Ron, I thought the “prediction business” is a crap business ? Can you elaborate on your certainty that rates will indeed be lower in 3 years time ?
@thebeaconherald Amazing story! I went to high school with Art - he definitely was a bit larger than life back then..makes sense to see him where he is today
@ronmortgageguy @d_demelis @sm_cmc@VinceGaetano@therobcampbell Damage control @ronmortgageguy it’s not “just a few dollars” of increase for ARM mortgage holders vs VRM..let’s just state the obvious that even though VRMs are somewhat “punitive” for borrowers now, it’s a better long term play
@ronmortgageguy Do you think OFSI will look to discontinue this mortgage option for borrowers? Alot of doom and gloom on this product during the current rate increasing environment
@Bobbyry5409 Stick with the wire - Best show ever made in my opinion..Jimmy McNulty, top character on the show for me..blue collar, complicated guy we can all draw parallels with !