GiddyGap@lemm.ee to News@lemmy.world · 6 months agoA Huge Number of Homeowners Have Mortgage Rates Too Good to Give Upwww.nytimes.comexternal-linkmessage-square79fedilinkarrow-up126arrow-down11
arrow-up125arrow-down1external-linkA Huge Number of Homeowners Have Mortgage Rates Too Good to Give Upwww.nytimes.comGiddyGap@lemm.ee to News@lemmy.world · 6 months agomessage-square79fedilink
minus-squarePoayjay@lemmy.worldlinkfedilinkEnglisharrow-up1·6 months agoSame story as everyone else. Bought pre-covid, refinanced, now sitting pretty. We desperately want to move, but I would have to make like $50k more a year for the same quality of life.
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up0arrow-down2·6 months agoRent it out or sell it and move. How is it not a wash for whatever u want to buy?
minus-squareKingWizard@kbin.sociallinkfedilinkarrow-up3·6 months agoUhh, because of interest rates. The very thing being discussed here.
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up1·6 months agoBecause interest rates are way higher now?
Same story as everyone else. Bought pre-covid, refinanced, now sitting pretty. We desperately want to move, but I would have to make like $50k more a year for the same quality of life.
Rent it out or sell it and move. How is it not a wash for whatever u want to buy?
Uhh, because of interest rates. The very thing being discussed here.
Because interest rates are way higher now?