A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
www.nytimes.com A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
On a scale not seen in decades, many Americans are stuck in homes they would rather leave.
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3.25% 30 year... 27 years left.
But I'm OK staying. I've made huge improvements. Upgraded the electrical panel from 100A to 200A, added solar panels, added a retractible awning. Hot tub is coming.
It's a nice house, with a good yard, will be fun to add playground stuff when we have grand-kids.
Not trying to throw shade at your shade, but I don't think the retractable awning is building a lot of equity.
It's a freeing feeling when you decide to put money into what you want instead of what has the biggest ROI.
It basically created a 3rd patio space.
146 comments