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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57127567 No.57127567 [Reply] [Original]

>there are people who had adjustable rates on a 3% mortgage

>> No.57127572

Who the hell borrows money at non fixed rates?

>> No.57127625

>>57127572
Australians

>> No.57127951

>>57127572
alot of non americans. here in new zealand fixed rates are not even a thing

>> No.57127981

>>57127567
Yeah they tried to pull this shit with me in 2021. I had $65K down payment on a $130K house and all the lenders had variable rate + mortgage insurance requirements. I'm happy renting until I can buy outright or inherit.

>> No.57128174

>>57127572
Tons of landlords who fell for the grant cardone meme

>> No.57128198

>>57127572
europoors, ausfalians, latinxes, jeets, mudslimes,...
every non american (thirdie)

>> No.57128425

Only in America is a 30 year fixed mortgage a thing, that shit is insane, how would banks and governments even profit off the home owner class with life-long fixed interest rate mortgages?

The fact thats even a thing is crazy to me.

But here's the thing, the US government realized this, which is why you guys pay absurd property taxes

>> No.57128511

>>57128425

Also why we have to constantly bail-oit our banking sector.

>> No.57129797
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57129797

>>57127625
I heard that those psychos bury people under trees, maybe I'll use my XOR for it, I'd like to be a tree when I die so I can throw an apple at the first idiot that walks by

>> No.57129803

>>57129797
and i'd like to set fire to half of australia

>> No.57129809

>>57129797
>apple at the first idiot that walks by
lil bro wants to create Einstein 2

>> No.57129839

Why does anyone buy a house with a mortgage anyway? Like I understand if you're a landlord you just buy something that makes more in rent than you pay in interest so you can spread your funds across multiple properties I get that. But why the hell do regular people buy their main home off a loan? Like just buy a place you can afford save money then sell and upgrade it isn't that hard.