Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up

⁨60⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨silence7@slrpnk.net⁩ to ⁨nyt_gift_articles@sopuli.xyz⁩

https://www.nytimes.com/2024/04/15/upshot/mortgage-rates-homes-stuck.html?unlocked_article_code=1.kk0.4I0W.7ooKuIZKSIxC

source

Comments

Sort:hotnewtop
  • st3ph3n@midwest.social ⁨1⁩ ⁨year⁩ ago

    They can pry my 2.6% mortgage rate out of my cold, dead hands.

    source
  • nick@midwest.social ⁨1⁩ ⁨year⁩ ago

    2.3% checking in. I get constant mail to refil to my mortgage. Get fucked, chase.

    source
    • jkrtn@lemmy.ml ⁨1⁩ ⁨year⁩ ago

      Are they absolute morons? “Ok pay me the expected difference up front, plus cover the income tax from that, and I’ll do it. No? Fuck off then.”

      source
      • nick@midwest.social ⁨1⁩ ⁨year⁩ ago

        I suspect they are hoping im too stupid to know it’ll raise my monthly payment. I’m sure the gambit works often enough to make it worth their while

        source
        • -> View More Comments
  • CableMonster@lemmy.ml ⁨1⁩ ⁨year⁩ ago

    This is just another example of how the government controlling money causes damage to all of us.

    source
    • ChicoSuave@lemmy.world ⁨1⁩ ⁨year⁩ ago

      How? I don’t get it.

      source
      • CableMonster@lemmy.ml ⁨1⁩ ⁨year⁩ ago

        Thank you for asking, as for the above example, the rates that people have on mortages are due to direct government manipulation of the interest rates and the money supply in general. As far as the other things, the big one would be the inflation they cause with harm to the middle class and poor.

        source
        • -> View More Comments
  • Feyr@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yo 2%, ain’t gonna give you up!

    source
  • Eryn6844@beehaw.org ⁨1⁩ ⁨year⁩ ago

    never gonna give you up…

    source