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re: Real estate is insane. Is this sustainable?

Posted on 3/18/21 at 10:26 am to
Posted by vistajay
Member since Oct 2012
2527 posts
Posted on 3/18/21 at 10:26 am to
quote:

I have seen some people in high mortgages get rid of their HELOC by going into a JUMBO loan with better rates. Closed a $750k loan for 2.5%- Cannot beat that right now.


I just did this. Home appraised almost $100,000 over my highest estimation. Was glad to get rid of the HELOC.
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