4 ms·
You can’t take your low mortgage rate with you… so if you have a 300k 30yr fixed rate mortgage @2.5% now that mortgages are 6% that represents a ~50% not gain f
by balderdash 3y ago
You can’t take your low mortgage rate with you… so if you have a 300k 30yr fixed rate mortgage @2.5% now that mortgages are 6% that represents a ~50% not gain for you, so you assuming you could buy the same house in the new location for the same price, you’d still need to be paid ~$150k to move! Don’t think many people are getting sign on bonuses of ~1/2 thawing outstanding mortgage balance…