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Hope you're ready for another 2008 market crash (twitter.com)

posted 119 days ago by xchainlinkx 119 days ago by xchainlinkx +46 / -0

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– europedes 0 points 119 days ago +1 / -1

I am. Been ready for years. I locked interest rates on my mortgage in anticipation of this scenario. So far it seems to go down so I am just losing money.

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– whataboutbobs 5 points 118 days ago +5 / -0

My neighbor bought his house for 775k with a 2.8% rate around the same time I just bought mine. Our houses have gone up in value to almost an even $1m. I've kept my sub-3% rate while he just remortgaged and took out 300k in equity to buy an RV and wound up with a 7.5% rate. What a fool.

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