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https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mld4ql9/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
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I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years.
47 u/superhappykid 1d ago You have a $4 mil mortgage? -29 u/Cropitalist 1d ago $300k mortgage saves over $80k over 30 years going down 1.25%. 5 u/SpezIsABrony 1d ago Not for all the people who refinanced during covid and haven't bought a new home since. 4 u/YoungXanto 1d ago Yeah, bought in 2018, refid in 2021 for 2.37 on a 30 year. I am looking forward to lower rates so that I can take out a home equity loan and throw it all in a margin account and gamble on 0dte puts though. 1 u/SpezIsABrony 1d ago Why gamble on 0DTE puts when you can confidently invest with 0DTE puts? -2 u/Cropitalist 1d ago If they want to move again, they will want a lower rate than 6.5% 6 u/BVoLatte 1d ago Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
47
You have a $4 mil mortgage?
-29 u/Cropitalist 1d ago $300k mortgage saves over $80k over 30 years going down 1.25%. 5 u/SpezIsABrony 1d ago Not for all the people who refinanced during covid and haven't bought a new home since. 4 u/YoungXanto 1d ago Yeah, bought in 2018, refid in 2021 for 2.37 on a 30 year. I am looking forward to lower rates so that I can take out a home equity loan and throw it all in a margin account and gamble on 0dte puts though. 1 u/SpezIsABrony 1d ago Why gamble on 0DTE puts when you can confidently invest with 0DTE puts? -2 u/Cropitalist 1d ago If they want to move again, they will want a lower rate than 6.5% 6 u/BVoLatte 1d ago Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
-29
$300k mortgage saves over $80k over 30 years going down 1.25%.
5 u/SpezIsABrony 1d ago Not for all the people who refinanced during covid and haven't bought a new home since. 4 u/YoungXanto 1d ago Yeah, bought in 2018, refid in 2021 for 2.37 on a 30 year. I am looking forward to lower rates so that I can take out a home equity loan and throw it all in a margin account and gamble on 0dte puts though. 1 u/SpezIsABrony 1d ago Why gamble on 0DTE puts when you can confidently invest with 0DTE puts? -2 u/Cropitalist 1d ago If they want to move again, they will want a lower rate than 6.5% 6 u/BVoLatte 1d ago Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
5
Not for all the people who refinanced during covid and haven't bought a new home since.
4 u/YoungXanto 1d ago Yeah, bought in 2018, refid in 2021 for 2.37 on a 30 year. I am looking forward to lower rates so that I can take out a home equity loan and throw it all in a margin account and gamble on 0dte puts though. 1 u/SpezIsABrony 1d ago Why gamble on 0DTE puts when you can confidently invest with 0DTE puts? -2 u/Cropitalist 1d ago If they want to move again, they will want a lower rate than 6.5% 6 u/BVoLatte 1d ago Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
4
Yeah, bought in 2018, refid in 2021 for 2.37 on a 30 year.
I am looking forward to lower rates so that I can take out a home equity loan and throw it all in a margin account and gamble on 0dte puts though.
1 u/SpezIsABrony 1d ago Why gamble on 0DTE puts when you can confidently invest with 0DTE puts?
1
Why gamble on 0DTE puts when you can confidently invest with 0DTE puts?
If they want to move again, they will want a lower rate than 6.5%
6 u/BVoLatte 1d ago Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
6
Too bad the cost of materials for new houses is going to skyrocket which in turn is going to increase the price of every home construction. No one is going to be able to afford homes, going to be pushed further into rental economy.
-2
u/Cropitalist 1d ago
I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years.