Mortgage interest rates have nearly tripled in the span of just a couple of years amid inflation fears and strong economic growth.

  • Hazdaz@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    3
    ·
    1 year ago

    No, because I’m not a dumbass who is looking to buy at one of the worst times in history all because of FOMO. My rate was locked in well before everyone just “had to” buy a house all of a sudden and before rates shot up.

    Any sane person will sit this one out, but that’s not what people will do. They’ll continue to buy and then be upside down for the next decade.