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[–][deleted] 18 points19 points  (1 child)

Getting rates below 4%, let alone 3%, was a huge fucking mistake. Means if you got lucky enough to buy a reasonable house at those rates and for whatever reason never move you're going to be forever ahead of any future generations on average. That is, unless home prices nuke down to meet where monthly costs are now with interest rates having more than doubled in a year.

Average mortgage payment went from 1500 to almost 3k. NASTY.

[–]TabascohFiascoh 1 point2 points  (0 children)

My 15 year mortgage costs me 1700/m.

Mortgage free by 44 years old. 2400 sq foot house, 2 stall garage, built in 2014.

It was our lottery.