MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mld5q4r/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
698 comments sorted by
View all comments
945
Nice, enjoy that 1.25% Rate cut when you buy your $1600 iphone.
-5 u/Cropitalist 1d ago I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years. 2 u/vollover 1d ago edited 1d ago You think that everything (not just iphones) getting more expensive is the only consequence here? Less returns and inflation also... Regardless, you have to pay a closing fee when refinancing , so it wouldn't even be the figure you quoted
-5
I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years.
2 u/vollover 1d ago edited 1d ago You think that everything (not just iphones) getting more expensive is the only consequence here? Less returns and inflation also... Regardless, you have to pay a closing fee when refinancing , so it wouldn't even be the figure you quoted
2
You think that everything (not just iphones) getting more expensive is the only consequence here? Less returns and inflation also... Regardless, you have to pay a closing fee when refinancing , so it wouldn't even be the figure you quoted
945
u/superhappykid 1d ago
Nice, enjoy that 1.25% Rate cut when you buy your $1600 iphone.