4 ms·
> Finalized a mortgage before the recent rate increases. What a privilege it is to live in a country where home loan interest rates are fixed.
by markdown 4y ago
> Finalized a mortgage before the recent rate increases.
What a privilege it is to live in a country where home loan interest rates are fixed.
- zamfi 4y agoTo be clear it has serious downsides too, and is heavily subsidized by taxpayers.
- roflyear 4y agoYes, absolutely. Amazing benefits. My rate is 2.5%. Amazing. Property taxes have gone way up b/c home values have gone insane. My home when I purchased it was valued at $220k. Now the town is saying it is over double that. The tax RATE has gone down - but my taxes have still nearly doubled ($6k to $11k).