GiddyGap@lemm.ee to News@lemmy.world · 3 days agoOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comexternal-linkmessage-square165fedilinkarrow-up1356arrow-down18cross-posted to: housing_bubble_2@lemmy.world
arrow-up1348arrow-down1external-linkOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comGiddyGap@lemm.ee to News@lemmy.world · 3 days agomessage-square165fedilinkcross-posted to: housing_bubble_2@lemmy.world
minus-squaremeliaesc@lemmy.worldlinkfedilinkarrow-up2·3 days agoAh, very wise. You must see how people didn’t get matching 50% raises, matched with even higher interest rates… unfortunately the time of paying off your home early might be behind us, at least for a long while.
minus-squareaesthelete@lemmy.worldlinkfedilinkarrow-up1·2 days agoYeah with current mortgage rates and prices…it’s definitely rougher. Applying a little extra to principle – if you ever have it – still helps a lot with the amount of interest you’re paying.
Ah, very wise. You must see how people didn’t get matching 50% raises, matched with even higher interest rates… unfortunately the time of paying off your home early might be behind us, at least for a long while.
Yeah with current mortgage rates and prices…it’s definitely rougher.
Applying a little extra to principle – if you ever have it – still helps a lot with the amount of interest you’re paying.