100% agree. It’s crazy that we have 30 year fixed rate loans with basically no penalty to refinance. Don’t get me wrong, it’s working for me, but I wish it was different because it’s so unfair.
I think you misunderstood me, rentals should have more of limit on how much they can raise the rent, not that banks should get more money from homeowners. I guarantee that banks are making a shit ton of money or they wouldn’t do it.
100% agree. It’s crazy that we have 30 year fixed rate loans with basically no penalty to refinance. Don’t get me wrong, it’s working for me, but I wish it was different because it’s so unfair.
I think you misunderstood me, rentals should have more of limit on how much they can raise the rent, not that banks should get more money from homeowners. I guarantee that banks are making a shit ton of money or they wouldn’t do it.