[quote=XBoxBoy][quote=sdrealtor]Virtually no one keeps a loan for 30 years and few are still in place 10 years later.[/quote]

I would bet that the percentage of people keeping their 30 year loans more than 10 years will increase in the coming decades. A lot of people with really low rates ain’t going no where, and probably won’t get a good opportunity to refinance. Just a hunch.[/quote]

I think with low 30 year interest rates locked in 3% and below, that’s below where people say a 4% decent investment is. So yes, I’d think some folks even will eventually be a landlord even if they wanted to move elsewhere. New buyers however, I can seem getting 10/1 arms.