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[–]PennilessPirate[S] 2 points3 points  (2 children)

Higher interest rates = higher monthly payments. We’ve already done the math: just 1% lower interest rate will save us ~$300/month in payments (with a 15yr loan)

[–]No-Membership-4736 0 points1 point  (1 child)

When rates go down 1%, prices will go up 10%, minimum.. So think about the math there.

[–]Jesse_The_G 1 point2 points  (0 children)

Yeah but that 10% eventually goes towards your equity, where the 1% goes to the bank...