GiddyGap@lemm.ee to News@lemmy.world · 11 months agoA Huge Number of Homeowners Have Mortgage Rates Too Good to Give Upwww.nytimes.comexternal-linkmessage-square57fedilinkarrow-up1288arrow-down19
arrow-up1279arrow-down1external-linkA Huge Number of Homeowners Have Mortgage Rates Too Good to Give Upwww.nytimes.comGiddyGap@lemm.ee to News@lemmy.world · 11 months agomessage-square57fedilink
minus-squareSocsa@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·11 months agoIt will likely never get to 4% again unless there is another major recession or you are willing to get an ARM. Historically, 4% is extremely rare for fixed rate mortgages.
minus-squareJJROKCZ@lemmy.worldlinkfedilinkarrow-up4arrow-down1·11 months agoSo they say but I’m 30 and have seen it twice already so…
It will likely never get to 4% again unless there is another major recession or you are willing to get an ARM. Historically, 4% is extremely rare for fixed rate mortgages.
So they say but I’m 30 and have seen it twice already so…