Coming off a 2.8% mortgage interest rate - what to do

[commandab]

@chalison You won’t believe how far into this ‘millennial homeowner’ piece it takes for us to mention their inheritance!

 

[resjudicata]

@vgrace Re budget and brace for 6.5% new mortgage rate...

 

[gozonji]

@resjudicata Aren’t they going to 8%?

 

[katieflute]

@gozonji My mortgage dude warned me at least 8%

 

[johnskat]

@katieflute Dude where's my rates

 

[psalm24]

@katieflute Mortgage brokers were also still strongly recommending one year fixes as late as year end 2021, I have plenty of friends who got burnt by that advice.

 

[prettysouthern]

@psalm24 Am I your friend? Because that is what my mortgage broker recommended me. Fortunately 50% was on 2yr, but still. Wut.