Easily one of the dumbest ideas ever. Sell your $250,000 home you got at 2.5% interest with a 30 year amortization of $355K to buy a similar, now $400,000 home at 7% with an amortization of $958,000 and you’ll “save” $10,000.

Brilliant. https://t.co/5aJsW0tK9T

— Jay Caruso (@JayCaruso) March 22, 2024