GiddyGap@lemm.ee to News@lemmy.world · 5 days agoOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comexternal-linkmessage-square166fedilinkarrow-up1358arrow-down18
arrow-up1350arrow-down1external-linkOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comGiddyGap@lemm.ee to News@lemmy.world · 5 days agomessage-square166fedilink
minus-squaremeliaesc@lemmy.worldlinkfedilinkarrow-up2·4 days agoAh, very wise. You must see how people didn’t get matching 50% raises, matched with even higher interest rates… unfortunately the time of paying off your home early might be behind us, at least for a long while.
minus-squareaesthelete@lemmy.worldlinkfedilinkarrow-up1·4 days agoYeah with current mortgage rates and prices…it’s definitely rougher. Applying a little extra to principle – if you ever have it – still helps a lot with the amount of interest you’re paying.
Ah, very wise. You must see how people didn’t get matching 50% raises, matched with even higher interest rates… unfortunately the time of paying off your home early might be behind us, at least for a long while.
Yeah with current mortgage rates and prices…it’s definitely rougher.
Applying a little extra to principle – if you ever have it – still helps a lot with the amount of interest you’re paying.