News for hackers. Stuff that matters.
Re:Asking rents in San Francisco continue to slip, but… by imtringued on Tuesday April 27, 2021 @06:14AM (#26954043)
If you did this today, you have to refinance at a higher interest rate in the future. That's why it's deceptive.
Re:Asking rents in San Francisco continue to slip, but… by random314 on Saturday May 01, 2021 @10:32PM (#27011882)
But extending the period of the loan also reduces monthly payments. You don't necessarily need lower interest rates.