3 ms·
More straightforward in my mind would be letting people buy their mortgages. In a world of 7% mortgages, a 2.5% mortgage would only trade at ~68% of its value a
by mindvirus 3y ago
More straightforward in my mind would be letting people buy their mortgages. In a world of 7% mortgages, a 2.5% mortgage would only trade at ~68% of its value assuming they're both 10 years.
- bryanlarsen 3y agoYou may want https://en.wikipedia.org/wiki/Mortgage_industry_of_Denmark https://en.wikipedia.org/wiki/Mortgage_industry_of_Denmark
- aidenn0 3y agoI don't know why I never thought until this moment about buying my mortgage. That seems super advantageous over just paying it off (or buying some other debt at par, since there is zero credit risk on a loan to myself).