4 ms·
> Making your monthly mortgage payment isn't the same thing as buying a new house, so the fact that the payment might stay the same over the life of the mortgag
by whateveracct 5y ago
> Making your monthly mortgage payment isn't the same thing as buying a new house, so the fact that the payment might stay the same over the life of the mortgage contract doesn't seem particularly relevant.
In a thread about inflation, it's highly relevant. One of the biggest benefits to a mortgage is that you lock yourself into an inflation-resistant housing cost.