@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

Jersey John
Jersey John
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Region: US
Friday 29 November 2024 11:57:22 GMT
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foreplayshay
ForeShayGolf :
Not even factoring in Homeowners insurance and taxes. Even crazier when you do that.
2024-11-29 16:02:46
3011
dani293847
PlantQueen114 :
I’m grateful every day that I bought in early 2020 at 3.5%
2024-12-30 17:52:07
0
themasterhackerz
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
0
leoangel1996
Leonardo Angel :
There needs to be some regulation or a housing market crash 😭
2024-12-28 21:42:29
1041
abrahamgonzalez5885
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
810
eli_mor94
Elijah Morales :
WTH
2024-12-30 19:23:01
0
jemery90
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
685
2.0_boymom
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
825
ttrademmark
Tony :
50k mobile home it is I guess..
2024-12-29 13:30:52
0
katieeast803
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
2534
networth_500dollars
Happy happy joy joy :
Auto insurance is out of control
2024-12-01 07:41:49
326
iamreenna
Reenna :
I am NOT okay
2024-11-29 18:07:18
454
coco424680
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
0
imbetterlookingtha
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
0
mybiz80
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
0
iamlydiafrost
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
0
sara_h1986
Sarah :
Every time we get close, the goal post moves. I’m so tired.
2024-12-02 21:24:01
3
heatherkc95
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
1320
aidanarizmendez
Aidan Arizmendez :
So is it even worth trying to buy a house in 4-5 months
2024-12-30 19:24:00
0
fgjbfybggu
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
74
julesrox8
Jules 💎 :
I paid 410k in 2021, but at least I got 3%
2024-12-30 18:52:53
0
kaitlyncookpelli
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
0
scandalousj
CharlieHustle24 :
Moral of the story, save your money and pay cash.
2024-11-29 16:11:28
35
ddickersondc
ddickersonDC :
That 7% will be refinanced at some point.
2024-11-29 19:23:46
56
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