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Message
re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Posted on 4/27/24 at 8:37 am to Displaced
Posted on 4/27/24 at 8:37 am to Displaced
quote:
have an offer on a bigger house with a yard, but will be selling our house with a 15 year 2.25% mortgage we refinanced in 2020...
Rent and put the extra towards new house. Don’t give up property with rates we will never see again
1
Posted on 4/27/24 at 8:41 am to TackySweater
We make comfortable money, but we would not be able to swing our current mortgage + a fully financed new house if there were gaps in renting.
We need the equity from our current house to reach that value where we will be doubling our payment
We need the equity from our current house to reach that value where we will be doubling our payment
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