Originally Posted by
fcoolaiddrinker
And there 3ish now with highly inflated prices. What’s your point? I had a 6% mortgage with a normal middle class house valuation. That’s what we’re trying to get back to.
My point is that a 16.63% mortgage rate DOES NOT reward taking on debt, regardless of the valuation. It rewards paying cash, or living very frugally, but it sure doesn’t reward debt.