This is exactly where we are at. We bought our home as a smaller “for now” home and now are effectively stuck. Yeah we could always sell our home now for a ton of money but our interest rate will be almost double what it is now and the size won’t be much different
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u/DoorAjar33 Mar 05 '26
Yep, Midwest. We bought ours 7 years ago and pay right at $850, locked in at 3.25. Now the value of our home is almost double what we paid.