Home › Forums › Closed Forums › Buying and Selling RE › 2.5% 0-point 30-year is here! › when i was paying down the
when i was paying down the mortgage, i thought, ah, freedom at the end of it. also, look at all this interest im saving.
But when the balance is low, i now think, well, then what? the equity sits there, not growing. why was i in sucha rush to pay it all off?
verily, there is no freedom in this life, financial life is just rearranging deck chairs on the titanic, moving money from this to that.
if rates were 1% id still probably be afraid to take it. too risky. even .5 %, Id be like, well, what if everythings flat for a decade or more?