Chattel Loans Explained - Tiny Homes, Rates & VINs!
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Cue the plot twist: a chattel loan. AKA The Home ONLY loan…
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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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The Federal Reserve just raised interest rates, so what does that actually mean if you’re buying a manufactured home? And PLEASE don’t assume every manufactured home buyer is dealing with the same interest rate or the same type of loan. Manufactured home financing can look VERY different depending on whether you’re financing the home & land together or using home only/personal property financing. If you’re buying a manufactured home in 2026, save this one. We need to talk about how interest rate
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sometimes it feel like you working just to owe money #themgotalk #fyp #ewetiktokers #storage #loan
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TikTokthemgotalk1
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