StrawberryPigtails@lemmy.sdf.org to News@lemmy.world · 2 years agoA 30-Year Trap: The Problem With America’s Weird Mortgageswww.nytimes.comexternal-linkmessage-square102fedilinkarrow-up1175
arrow-up1175external-linkA 30-Year Trap: The Problem With America’s Weird Mortgageswww.nytimes.comStrawberryPigtails@lemmy.sdf.org to News@lemmy.world · 2 years agomessage-square102fedilink
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up2·edit-22 years 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.
minus-squarestolid_agnostic@lemmy.mlcakelinkfedilinkarrow-up3·2 years agoNot sure why the aggression…
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…