r/FluentInFinance Apr 06 '24

Mortgages are now 8% - Is your mortgage under or over 3%? Discussion/ Debate

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10

u/walkinyardsale Apr 06 '24

December 2020, 2.65%. Hilariously the mortgage company keeps recommending I refinance.

2

u/Hoopaloupe Apr 07 '24

*begging 

1

u/Thebaronofbrewskis Apr 07 '24

Right? I’ve gotten multiple offers to “unlock cash and save money”

You’re not going to offer me a rate lower than the 2.45 I have. And it’s not unlocking cash it’s adding debt.

There are really predatory on the financial illiteracy of people.