[quote=scaredyclassic][quote=an][quote=scaredyclassic]ok, but what about the years when interest was zero or close to it. if the money was sitting around waiting for this arbitrage, you were losing money for it sitting in a checking account waiting for this opportunity.[/quote]
Who said it was sitting in a checking account doing nothing? There are many places you can invest. More real estates or the stock market. How much has rent gone up over the last couple of years?[/quote]
You can lose money too, waiting for interest arbitrage opportunity.[/quote]
Of course you could… but we’re talking about hindsight here.
You would lose money if you didn’t refi to a lower rate.
You would lose money if you got scared and didn’t buy your primary home and continue to rent.
