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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 9:56 am to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49105 posts
Posted on 4/27/24 at 9:56 am to
quote:

Homeowners who refinanced when the Fed slashed rates near zero during the Covid-19 pandemic don’t want to give up their 3% mortgages.

Ours is 2.3% but this is accurate. We've talked about downsizing in a few years when it's just me and my wife, but it wouldn't be a financially wise decision at this point.
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