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Reply to "What would it take for you to give up a 2.75% 30 year fixed rate?"
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[quote=Anonymous]A price on the "something else" that I can actually afford at the higher rates with the equity from my existing home. Right now, anything we'd buy simply costs too much to afford to sell. We'd have to pay not only the higher prices compared to when we purchased in 2014, but also a rate that is 3x what we have on our current home. The math doesn't work. Even with the added equity, I'd need another thousand a month. No. Not worth it.[/quote]
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