Interest rates have been cut - so what does that mean for borrowing and saving? #InterestRates #Money #Mortgage #Saving #BBCNews

Replying to @Ziquilla Gilmore Affordability and the ability to make a payment is different #affordability #debttoincome

Sure the 100 year mortgage isn’t a real thing (yet) but what is real is the way predatory lending works to communicate with people who don’t have financial literacy and are in need of a reduction in cost of living. Trying to make generational debt happen is wild. 😭 In this video I used 30 year mortgage loan for a $500,000 house. Interest rate: 7.10% Payment: $3,360/month If we extend to 100 years (1,200 months) at 7.10%, the monthly payment becomes: $2,960 per month 🫠 In other words: A 100-yea

Ultimate Mortgage Calculator Tool: Calculate Your Home Loan Like a Pro!

💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your

2026 'housing reset' may hit young prospective buyers, Redfin predicts