@thejohnnatale: Replying to @2wheeledhobo those with a low interest rate just got out of ‘Nam, as they say. The difference in wealth is startling especially when you factor in the ability to invest the difference in what someone with a low rate would pay over the life of their loan versus someone buying with rates are what they are today. #realestate #housing #millennial #genz #housingmarket #realestatemarket
Not even factoring in Homeowners insurance and taxes. Even crazier when you do that.
2024-11-29 16:02:46
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PlantQueen114 :
I’m grateful every day that I bought in early 2020 at 3.5%
2024-12-30 17:52:07
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TheMasterHackerz :
That doesn't work in California. You really can't buy a house for 350k. When the interest rate was at 3.0 all the houses near me were 1 million plus. So yes, the interest was super low but the prices
2024-12-30 05:55:25
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Leonardo Angel :
There needs to be some regulation or a housing market crash 😭
2024-12-28 21:42:29
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Abraham Gonzalez :
And it’s harder to qualify now! Making 100k a year isn’t gonna cut it anymore!
2024-11-29 18:28:57
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Elijah Morales :
WTH
2024-12-30 19:23:01
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Jordan Emery :
Bought our house in 2017. Refinanced our house to a 2.25% 15 year. We will have our house paid off in 6 years. We are in our 30’s. Best decision.
2024-11-29 16:49:04
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Mama2Mama :
the people who purchased in 21 can't fathom selling and being a new home now... they are stuck
2024-11-29 20:46:58
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Tony :
50k mobile home it is I guess..
2024-12-29 13:30:52
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k a t i e :
Bought in 2014, 2.9% interest and no PMI. They'll have to cart my body out of this house before I'll leave.
2024-11-29 18:26:44
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Happy happy joy joy :
Auto insurance is out of control
2024-12-01 07:41:49
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Reenna :
I am NOT okay
2024-11-29 18:07:18
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Coco :
Oof well I did both lol. We barely scraped into a home in 2021. But in 2024 we ended up with 100000 of profit when we sold our house. Able to get into a much bigger home in a better area, but yeah the
2024-12-29 20:09:57
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Imbetterlookingthanyou :
I’m buying a very expensive house right now. But my plan is to pay it off in 5 years so the interest becomes negligible. It can be done with proper income but I understand it’s not for everyone.
2024-12-30 19:40:05
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Noneofyourbiz :
For those of you that are planning to buy, go with new build. The builders are able to buy down your interest rate and will help with closing cost and you do not have to come out of pocket as much.
2024-12-29 21:54:40
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Lydia Frost :
I almost don’t have 10% to put down so that means you will also have to pay PMI
2024-12-30 19:45:21
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Sarah :
Every time we get close, the goal post moves. I’m so tired.
2024-12-02 21:24:01
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Heather :
I choked when I saw the amount I would be paying over the entire life of my loan!
2024-12-01 18:07:05
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Aidan Arizmendez :
So is it even worth trying to buy a house in 4-5 months
2024-12-30 19:24:00
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fgjbfybggu :
2020 I bought my house $300,000. At 3% rate. My current house for property taxes is valued over $400,000. Rates are close to 6-7%. I cannot afford to sell and re purchase my home.
2024-11-30 01:35:04
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Jules 💎 :
I paid 410k in 2021, but at least I got 3%
2024-12-30 18:52:53
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Kaitlyn Cook Pelli :
don't forget, you can refinance but it will be a few years until that's worth it
2024-12-30 17:12:24
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CharlieHustle24 :
Moral of the story, save your money and pay cash.
2024-11-29 16:11:28
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ddickersonDC :
That 7% will be refinanced at some point.
2024-11-29 19:23:46
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