81K views · 2.5K reactions | Our 16th CSX Heritage Locomotive,...
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81K views · 2.5K reactions | Our 16th CSX Heritage Locomotive,...
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Mike Novak on Instagram: "Playing the “wait for lower rates” game? Here’s the math that’ll make you rethink thatstrategy. Let’s talk Seattle area specifically: Buy today: $850,000 home at 6% rate = $5,096/month payment Wait 2 years hoping rates drop to 5%. But Seattle home prices appreciate even just 3% per year (conservative for this market). That same home is now $901,000 at 5% rate = $4,837/month payment You saved $259/month. Congrats. Except you missed out on $51,000 in equity. And you gave
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