StrawberryPigtails@lemmy.sdf.org to News@lemmy.world · 10 months agoA 30-Year Trap: The Problem With America’s Weird Mortgageswww.nytimes.comexternal-linkmessage-square79fedilinkarrow-up1155arrow-down124
arrow-up1131arrow-down1external-linkA 30-Year Trap: The Problem With America’s Weird Mortgageswww.nytimes.comStrawberryPigtails@lemmy.sdf.org to News@lemmy.world · 10 months agomessage-square79fedilink
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up2arrow-down4·edit-210 months agoThat doesn’t mean shit if your rate goes from 3% to 8 % and your payment doubles. Dit he math. Even if u buy a 300000 house and pay off a full third in 3 years which is absurd. What’s 200k at 3% vs 200k at 8%? Go ahead, I’ll wait.
That doesn’t mean shit if your rate goes from 3% to 8 % and your payment doubles.
Dit he math. Even if u buy a 300000 house and pay off a full third in 3 years which is absurd.
What’s 200k at 3% vs 200k at 8%?
Go ahead, I’ll wait.
Not sure why the aggression…