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A comment on On the Experience of Being Poor-Ish, for People Who Aren't. Parent comment

Re:On the Experience of Being Poor-Ish, for People Who Aren't by JMTQp8lwXL on Monday March 01, 2021 @03:03PM (#26307652)
Leaving them with no room to refinance in future, since rates practically cannot drop further for mortgage lending to be viable.

People taking loans in 2021 sure better hope for the continued devaluation of the dollar. It's the only way to keep the debt burden manageable.

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Re:On the Experience of Being Poor-Ish, for People Who Aren't by SomewhatLikely on Monday March 01, 2021 @04:53PM (#26308956)
Serious question: why would they care about refinancing if their rate is low? Regarding dollar devaluation: I don't there there has been a single year since we abandoned the gold standard where the dollar didn't devalue. And the Fed has explicitly okayed higher inflation going forward.
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Re:On the Experience of Being Poor-Ish, for People Who Aren't by nerdponx on Monday March 01, 2021 @10:11PM (#26311480)
If they didn't care about refinancing they wouldn't care about mortgage rates.
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