I am project manager in clinical research industry (CRO). After earning PhD, I gave up my science dream to take a more stable job. After slowly climbing the ladders, I feel like I finally got a seat at the table. Half the days I like the hustle, but now I miss being creative. I want to take more brainstorming, decision making responsibilities but I don’t see that in the career path for PM. Career path usually goes like this- Sr PM, Director l, Sr Director, and so on. But all do same work.
Found a rate of 5.125%.
Washington Trust (New England)
For a 30 year fixed? Nope.
Best bet would be to find an attractive ARM and refi when rates drop.
Mentor
Just a quick note: the stress that the rates are causing the economy is the purpose of the rates. That’s the feature
I own a house and enjoyed the 20% year over year increases…but if the free money spigot wasn’t shut off, this type of rise in prices and access to easy debt would cause a condition ripe for economic calamity
Fixed or ARM? Points?
Congrats OP, that is an outstanding deal for financing.
If you’re willing to pay points, you’ll get that rate lower. If you go with an ARM just make sure you’re clear on how high the rate is allowed to go, and that you can afford it.