or, you're reducing what could be spiralling mortgage payments as interest rates go up for the duration of the financial crisis; a lot of people with mortgages now don't remember when the interest rate hit 13% - I do
I am sorry you had a bad experience, I truly am. I know your heart is in the right place here. Fortunately I am not in a vulnerable position: I have a CPA I trust, a business degree in my own right, a high net worth, and a fixed rate mortgage at an interest rate significantly lower than inflation.
May 6, 2025 14:51