this post was submitted on 09 Jun 2023
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[–] [email protected] 2 points 1 year ago (1 children)

I can at 1% higher than my rate.. so 7%

I've got over 4 years left in the term.

I dont know what the right decision is because if it doesn't actually go up again then we're paying insane interest for the whole term.

I'm again worried about the "buying high, selling low" due to fear on my part

[–] [email protected] 1 points 1 year ago (1 children)

I can at 1% higher than my rate.. so 7%

Oof. That is punitive. Your mortgage broker gave you terrible advice.

[–] [email protected] 2 points 1 year ago

Yup. I honestly don't know what to do and don't know who to trust at this point.