r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/Cropitalist 1d ago

I’ll save $40k on a mortgage over a $300 markup on a phone every 4 years.

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u/superhappykid 1d ago

You have a $4 mil mortgage?

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u/Cropitalist 1d ago

$300k mortgage saves over $80k over 30 years going down 1.25%.

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u/sopunny 1d ago

Unless the principle increases, which will happen because house prices go up