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If you borrowed money to pay it off and you're still relatively early in your loan then it's great. You just got a massively discounted house. Anyone who bought
by nemo44x 4y ago
If you borrowed money to pay it off and you're still relatively early in your loan then it's great. You just got a massively discounted house. Anyone who bought a house just before the pandemic and locked in an ultra low interest rate to boot is going to make an absolute fortune on their home in 10 or 15 years time. They probably have already with prices up so much. Interest rates will cool it down but cost of living adjustments will counter that.