return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year agoHousing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onwardfinance.yahoo.comexternal-linkmessage-square36fedilinkarrow-up1317arrow-down15cross-posted to: [email protected][email protected]
arrow-up1312arrow-down1external-linkHousing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onwardfinance.yahoo.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year agomessage-square36fedilinkcross-posted to: [email protected][email protected]
minus-squarejeffw@lemmy.worldlinkfedilinkarrow-up38·1 year agoNever been better for banks maybe. I refinanced during the pandemic and went from a 30 year to a 15 and barely changed my monthly payment.
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up8·1 year agoThat’s normal. You either cut years or cut monthly payment. Very rarely both unless rates are actively dropping. A 15 yr saves you six figures over a 30 yr iirc so congrats!
Never been better for banks maybe. I refinanced during the pandemic and went from a 30 year to a 15 and barely changed my monthly payment.
That’s normal. You either cut years or cut monthly payment. Very rarely both unless rates are actively dropping.
A 15 yr saves you six figures over a 30 yr iirc so congrats!
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