Compound248 💰(@compound248):3. COUNTERINTUITIVELY - and very importantly! - the higher your mortgage interest rate is, the more you should lean toward buying if the math is remotely close. Mortgages have a one-way option that benefits the homeowner: You can prepay at any time in the form of a refi. That means if rates fall from 7.4 to 6.4%, you can refi and save $400 to $500 PER MONTH! The higher the prevailing interest rate, the more valuable the optionality is to the homeowner. Anyway, caveat emptor and good luck out there.

Compound248 💰

@compound248

"That thing that rich people do where they turn money into more money. Can you teach me how to do that, Jack?” - Tina Fey, 30 Rock Jack, “With my eyes closed.”

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Compound248 💰@compound248

2026.10.02 15:41

3. COUNTERINTUITIVELY - and very importantly! - the higher your mortgage interest rate is, the more you should lean toward buying if the math is remotely close. Mortgages have a one-way option that benefits the homeowner: You can prepay at any time in the form of a refi. That means if rates fall from 7.4 to 6.4%, you can refi and save $400 to $500 PER MONTH! The higher the prevailing interest rate, the more valuable the optionality is to the homeowner. Anyway, caveat emptor and good luck out there.