Originally Posted by
O R C A
At risk of speedo pics
I am looking to purchase a home in 2023, and current interest rates are 7%. Do I want to lock excess money into a guaranteed 5%?
Option A: NO
Option B: NO as well
With the mortgage interest deduction effectively gone, it doesn't matter. I don't know the details, 5% was thrown out as a minimum. There will be some market float but it will track closer to interest rates than equities.