[s1k3]

It’s not about optimizing it’s about cash flow. If you get a 500k mortgage today at the current rate of ~7% your monthly payment is about 3500/mo. That same mortgage financed 2 years ago around ~2% is a monthly payment of 1800. For the SAME house you are paying basically double the amount per month. This isn’t optimizing a few bucks per month it’s about not being able to afford the same house.

Every homeowner knows this and if they’ve ever had the incling to move int rh last year theyve done the math and realize it simply doesn’t make sense. People won’t move right now unless life forces them to.