Re:The 30-Year Mortgage Is an Intrinsically Toxic Product (2...
by modeless on Saturday July 22, 2023 @03:35AM
(#36824218)
Pretty much everywhere at current mortgage rates. Prices have barely budged as rates skyrocketed. My rent is much less than half of the mortgage payment needed to buy my current house at its zestimate price on a 6.7% 30 year fixed mortgage. And that's not even counting property tax and insurance and maintenance and the opportunity cost of the 20% down payment. You'd have to be insane to buy at these prices.
[ Parent
| on HN ]
There are no comments on this comment yet.