Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 9 months agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square179fedilinkarrow-up1760arrow-down111cross-posted to: finance@beehaw.org
arrow-up1749arrow-down1external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comBlaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 9 months agomessage-square179fedilinkcross-posted to: finance@beehaw.org
minus-squareohlaph@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·9 months agoWe purchased right before ar the beginning of the rate increases. A 10 year ARM. Hoping the rates stabilize by that 10 year mark or things might get expensive for a few years.
minus-squareshortwavesurfer@monero.townlinkfedilinkEnglisharrow-up3·9 months agoPurchased at like 4.1% but absolutely refused an ARM. We have a fixed rate and absolutely nothing would ever make me get an ARM.
We purchased right before ar the beginning of the rate increases. A 10 year ARM. Hoping the rates stabilize by that 10 year mark or things might get expensive for a few years.
Purchased at like 4.1% but absolutely refused an ARM. We have a fixed rate and absolutely nothing would ever make me get an ARM.