Mortgage interest rates have nearly tripled in the span of just a couple of years amid inflation fears and strong economic growth.

  • NewNewAccount@lemmy.world
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    1 year ago

    $26000/year doesn’t sound that ridiculous for the average priced home. Obviously that won’t get you anything in a high COL area but if you’re somewhere else that seems manageable.

    Gets easier over time as well since wages should rise over time and your payment should basically stay the same.