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A comment on Rate Hikes Are Affecting the Economy. Parent comment
If you bought a 1.5M house (20% down) at 4.5% your mortgage payment is just about $6K. If you refinanced down to 2.5%, the payment is now $4.7K.
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If you bought a 1.5M house (20% down) at 4.5% your mortgage payment is just about $6K. If you refinanced down to 2.5%, the payment is now $4.7K.