I think this is gonna get pretty lit in the mortgage world! Rates are about to get so low that people's heads are gonna spin trying to keep up with all the savings! Meanwhile, HSBC's getting the party started and everyone else better bring their A-game or risk getting left behind . And let's be real, who doesn't love a good rate war? It's like the mortgage industry version of a Hunger Games - "May the cheapest rate win"
I don't trust this "rate war" hype . One bank slashing their rates just sets off a domino effect and gets everyone else in a bidding war for customers. It's not about helping borrowers, it's about who can give out the most loans and make the most money from interest payments . We'll see what happens when the borrowing frenzy dies down and interest rates really do start to rise again. Those sub-3.5% deals will probably be gone in no time .
I think this is gonna get pretty lit in the mortgage world! Rates are about to get so low that people's heads are gonna spin trying to keep up with all the savings! Meanwhile, HSBC's getting the party started and everyone else better bring their A-game or risk getting left behind 
. And let's be real, who doesn't love a good rate war? It's like the mortgage industry version of a Hunger Games - "May the cheapest rate win" 
. We'll see what happens when the borrowing frenzy dies down and interest rates really do start to rise again. Those sub-3.5% deals will probably be gone in no time 
.