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My brother and his wife got something like 2.625%-2.75% range. They're never moving.
Did you guys ever see that chart detailing all the sub 3% and sub 4% mortgages? It was from either Goldman Sachs or Deutsche Bank. It was stunning. There is so many millions of
Americans that have these awesome rates, there's no point in ever moving. I can't find the damn chart now. I remember it being called the "chart of the decade".
This is a major issue in my industry because it contrains housing inventory. That % is dropping though, right now its only 40% of households that have mortgage rates below 4%, it was 65% in 2022.
This is a major issue in my industry because it contrains housing inventory. That % is dropping though, right now its only 40% of households that have mortgage rates below 4%, it was 65% in 2022.
Can't say for sure, but it is likely that is because it was a lot easier for those with 2-3% mortgages, like we saw a few years ago, to pay them off early and not be in debt in the first place. Monthly payments increase sharply once you get up to 4% and above.
Can't say for sure, but it is likely that is because it was a lot easier for those with 2-3% mortgages, like we saw a few years ago, to pay them off early and not be in debt in the first place. Monthly payments increase sharply once you get up to 4% and above.
Thats not what it is. Its because with the low rate on the current mortgage the monthly cost of upsizing or downsizing is so huge it doesn't make any sense. Very few people pay off mortgages before they are due.
Yea they were offered on the 2nd gen IS "X package." Interestingly X package cars also came with no sunroof/moonroof. I remember it being a popular package in 07-08 timeframe.
Thats not what it is. It's because with the low rate on the current mortgage the monthly cost of upsizing or downsizing is so huge it doesn't make any sense. Very few people pay off mortgages before they are due.
Right, we are totally stuck. We scored way above our heads with our first house, luckily, and love it anyway and wouldn't move anyway.
Like I said, it's like having an Escalade and the payment is $400 a month. No way are we walking away from this much equity.
lol that is funny. Part of it is true because after having the first Plaid and with all the issues my wife didn’t understand why I wanted another one vs a real luxury/sporty car like an M5.
lol that is funny. Part of it is true because after having the first Plaid and with all the issues my wife didn’t understand why I wanted another one vs a real luxury/sporty car like an M5.
Tell her you felt cheated that you didn't get to experience it "correctly" lol!
lol that is funny. Part of it is true because after having the first plaid and with all the issues my wife didn’t understand why i wanted another one vs a real luxury/sporty car like an m5.
Originally Posted by striker223
tell her you felt cheated that you didn't get to experience it "correctly" lol!
Still haven't driven one of those Plaids yet... I need to. I think the CT is kind of a letdown so my choice would be a Model S, those look really good.
Still haven't driven one of those Plaids yet... I need to. I think the CT is kind of a letdown so my choice would be a Model S, those look really good.
If you want to really see what EVs can be, and why I think if you gave then a chance you would really like them, drive these cars: