this post was submitted on 15 Jan 2024
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[–] LrdThndr@lemmy.world 1 points 9 months ago* (last edited 9 months ago)

By dumb luck I bought a house right before the housing market lost its goddamned mind.

$145K for a 3 bedroom on an acre of land. It’s more than doubled in value since I bought it, and I pay less than $1000/mo at 2.9% interest.

I keep getting letters from my mortgage company offering me $80K in a cash-out refinance at like double to triple my current interest rate and I’m like “how about blow me?” I’m riding that interest rate until the wheels fall off.