felixthecat
@felixthecat@lemmy.whynotdrs.org
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- Comment on Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward 1 year ago:
Probably the payment went up because of the taxes or insurance. Or maybe they didn’t have an escrow account and didn’t pay taxes or insurance and it was force placed.
If you have a variable rate it could also go up for that reason. But most people when rates were low had fixed rate mortgages.