Comment on [HN] Middle class homebuyers taking $7k mortgages planning to later refinance down
Tygr@sh.itjust.works 1 year ago
As a lender myself, I’m equally surprised when I break news of a $4500/mo quote and they expected more. Now, there are ways to combat high rates with solutions like 2/1 temporary buydowns, but I always caution it may take longer than that for rates to come down to the 5’s.