← Home ← Back to /biz/

Thread 60587768

7 posts 4 images 7 unique posters /biz/
Anonymous (ID: vCvO1812) No.60587768 [Report] >>60587816 >>60587866
why does the bank still own your home?
Anonymous (ID: 4e3Id0lX) No.60587773 [Report] >>60587863
Because those fools gave me a 3% rate so I will capture the spread and pay the minimum
Anonymous (ID: jhr3DQBI) No.60587783 [Report]
bank doesn't own my home I paid it off. now state owns it.
Anonymous (ID: iDaW84os) No.60587816 [Report] >>60587840
>>60587768 (OP)
I pay 3% interest on my mortgage and they pay me 4.5% interest on my hysa. Literally free money
Anonymous (ID: S89tbCdt) No.60587840 [Report]
>>60587816
nasdaq is up like 100% in last 3 years
Anonymous (ID: tsoz5zBq) No.60587863 [Report]
>>60587773
This. It's criminal I'm paying 3.75% on my mortgage. Free money in my pocket thanks to renters.

I might pay it off if we have a blow off top this cycle, but you know what? I might not, too. I might just buy a new house with cash instead, or maybe find a mortgage dealer who will let me get a mortgage with a 50 or 60% down payment or something. Life is so easy thanks to bitcoin.
Anonymous (ID: /f6rCHgd) No.60587866 [Report]
>>60587768 (OP)
Because banks are set up to hold garbage assets like houses and treasury bills