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A comment on Finally, no bid on mortgage-backed securities. Parent comment

Re:Finally, no bid on mortgage-backed securities by Aloha on Monday June 13, 2022 @02:20AM (#31721871)
Interest rates always go down later. The reason older boomers look so good is they bought a house at 12% then refinanced later.
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Re:Finally, no bid on mortgage-backed securities by nostromo on Monday June 13, 2022 @02:36AM (#31722001)
Yup. The key is to buy a house you want to live in for a decade or more.
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Re:Finally, no bid on mortgage-backed securities by Aloha on Monday June 13, 2022 @02:39AM (#31722016)
Once I buy a house, I don't plan on ever moving again.
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Re:Finally, no bid on mortgage-backed securities by zbrozek on Monday June 13, 2022 @03:15AM (#31722259)
This is a new attitude. There used to be significant interest in upward mobility. Some folks still "buy up" frequently.

I couldn't handle moving that often, but there are folks who do.

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