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/biz/ - Business & Finance

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29731780 No.29731780 [Reply] [Original]

>Parents mortgaged a house at the top of the market
What happens when the bogdonoffs pull the rug?

>> No.29731962

>>29731780
I heard plastic covered cardboard lasts a few months outside.

>> No.29732027

>>29731780
Nothing, your parents got a historically low mortgage rate because money is essentially on sale right now.

>> No.29732543

>>29732027
What good is a low rate if the value of your house halves?

>> No.29732764

>>29731780
my parents panic sold my childhood home during a country crisis for measly 50k and fled the country, ten years later we are back on this shithole. The house is now worth 350k+ and they cant afford property so we're living in my grandpas house. What the fuck, i mean what the fuck

>> No.29732851

>>29732027
*Siiiiiiiiip* yup.

>> No.29732865
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29732865

>>29731780
Is it fixed or adjustable rate? If it's fixed they are fine. If it's adjustable... JUST