GiddyGap@lemm.ee to News@lemmy.world · 1 month agoOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comexternal-linkmessage-square169fedilinkarrow-up1368arrow-down18
arrow-up1360arrow-down1external-linkOwning a home has rarely been this much more expensive than rentingfinance.yahoo.comGiddyGap@lemm.ee to News@lemmy.world · 1 month agomessage-square169fedilink
minus-squaremeliaesc@lemmy.worldlinkfedilinkarrow-up2·1 month 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-up1·1 month 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.