Re:Generational Luck in the Housing Market
by Ekaros on Thursday April 04, 2024 @12:37PM
(#39932711)
Fixed rate is reasonable product. But there should be cost involved in paying it back in higher interest rate environment. So if you payback early you would need to pay the delta between current fixed rate and one you have.
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Re:Generational Luck in the Housing Market
by Workaccount2 on Thursday April 04, 2024 @01:58PM
(#39933815)
It's a reasonable product when it is priced correctly. It's not priced correctly when the one taking on the risk is also the one who can pull money out of thin air.