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Well, the numbers are in, and rate shock... isn't shocking at all.
Remember "rate shock"?
Where are the cries of rate shock?
"There would not be a rate shock".
"We have the tools to prevent rate shock".
They are the ones who are vulnerable to rate shock.
There was no rate shock: average premiums in 2014 were about 16percentt lower than projected.
The White House says the fears of "rate shock" are overblown.
It definitely looks as if there will be a mild "rate shock" — in the right direction.
Second, overpaying a mortgage will mean avoiding the risk of a rate shock.
"Our customers aren't expected to experience that kind of rate shock".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com