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https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mld5t72/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
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You have a $4 mil mortgage?
-31 u/Cropitalist 1d ago $300k mortgage saves over $80k over 30 years going down 1.25%. 6 u/SpezIsABrony 1d ago Not for all the people who refinanced during covid and haven't bought a new home since. -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.
-31
$300k mortgage saves over $80k over 30 years going down 1.25%.
6 u/SpezIsABrony 1d ago Not for all the people who refinanced during covid and haven't bought a new home since. -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.
6
Not for all the people who refinanced during covid and haven't bought a new home since.
-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.
-2
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.
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.
49
u/superhappykid 1d ago
You have a $4 mil mortgage?