[quote=scaredyclassic][quote=an][quote=scaredyclassic][quote=an][quote=scaredyclassic]So basically at the end of the day, if you could pay your house off and don’t, you refi and have a pile of money to gamble with at 2-3 perc interest.[/quote]
uh… no[/quote]
ok. a pile of money to “invest” and hopefully beat the 2.5% you have to pay, really 3.0 percent return before taxes. a couple negatvie years and you will be a long time coming back at a small interest rate differential arbitrage.[/quote]
History said no. Not hoping but historical data.[/quote]
history?
past results do not predict future returns.[/quote]Who said future returns… I’m talking about past results. You’re just moving the goal post.
Also, what about all the people who don’t have 500k last year, but was able to locked in at <3% for 30 years to buy their first home?
Or, what about people who were at 4-5% and refi to lock in at <3%? Take all the $ they save and buy a 5years CD today?
