Bocephuss

Bocephuss t1_iwvsqhd wrote

>No one wants to be underwater, which I'm guess, is now happening to many that outbid and overbid.

Maybe I am missing something but even if you overbid on a house last year, you did so at a sub 3% interest rate.

So even if your home isn't worth as much as you paid, your monthly payments are most likely still lower than what they would be if you bought the same house today at 7%

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