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we started 2022 at 3.20% rates, 30 year fixed. Payments almost doubled.
They will double. Fed isn’t done with rate increases. Cash is king now?
buy cash then refi to pull money out when rates come back down. They may never get to the 2's again but a more normal 4+%.
Cash was trash there for a while, but Cash will be king again.
They will double. Fed isn’t done with rate increases. Cash is king now?