No. Mortgage interest rates are in the 6’s right now in the US
Comment on Bank Workers, Rejoice!
bebabalula@feddit.dk 1 month agoBut are they really 17% interest rate?
Briguy@lemmy.world 1 month ago
Comment on Bank Workers, Rejoice!
bebabalula@feddit.dk 1 month agoBut are they really 17% interest rate?
No. Mortgage interest rates are in the 6’s right now in the US
ReluctantMuskrat@lemmy.world 1 month ago
No, it’s just some exaggeration to make it even more ridiculous. As if 50 years isn’t enough.
What’s really awful is when you see how little the payment lowers between a 30yr and 50yr mortgage with current rates. It’s not nearly as big a difference as you’d think.